World Bank's new president skips China's Belt and Road for Africa trip


  • World
  • Friday, 26 Apr 2019

WASHINGTON (Reuters) - Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China's second Belt and Road infrastructure summit, but the World Bank's new president is not among them.

David Malpass, fresh from a senior Trump administration post at the U.S. Treasury Department, is instead making his first foreign trip as the World Bank's leader to sub-Saharan Africa to highlight his vision for the bank's poverty reduction and development agenda.

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