A special interview with the boss of the World Bank
World Bank President David Malpass on the consequences of global debt.
Business Daily · BBC World Service
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Show Notes
In a wide ranging interview, David Malpass, president of the World Bank, speaks to presenter Sam Fenwick about the global economic situation.
He talks about the consequences of rising global debt and high inflation, and how poorer countries are bearing the brunt of the economic crisis.
Mr Malpass says the debt caused by the coronavirus pandemic will take decades to pay off, and says many of the subsidies were not targeted. He says a similar situation is being created again with the energy crisis.
Presented and produced by Sam Fenwick.
(Image: David Malpass. Credit: Getty)