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WB President delivers annual speech from Khartoum 

Khartoum, Sept 30 (SUNA) – The visiting President of the World Bank Group, David Malpass, on Thursday, delivered his annual Speech from the Friendship Hall, Khartoum.

The World Bank Chief expressed pleasure over speaking to the world from Africa, Sudan, referring that the international community benefits from the Sudanese experiment.

Malpass underlined that Sudan worked for the improvement of the situations after it inherited a deteriorated and destructive economic situation that followed decades of conflicts.

The World Bank President has underlined Sudan’s efforts to get out of the challenges it faces, including the negative impacts of the Corona pandemic, the influx of refugees in the country as well as floods.

 He commended Sudan’s efforts concerning maintaining of stability, development and exchange rate cuts, lauding the efforts of the civilian and military authority to work together for Sudan’s stability.

Malpass said the World Bank is increasing growth in various sectors such as education and agriculture, stressing the need for increased competitiveness to lead economic transformation.

Addressing the world from Khartoum, Malpass stressed the necessity for the economic institutions and governments to combat poverty, explaining that the WB Supports the poorest countries and countries whose development rates have declined as well as support economic stability.

IF/IF

Source: SUNA

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