Article 4CYYJ World Bank boss calls for more transparent lending to poor nations

World Bank boss calls for more transparent lending to poor nations

by
Larry Elliott
from on (#4CYYJ)

David Malpass tells China to come clean over its lending to indebted African countries

The new head of the World Bank has told China that it needs to come clean about its lending to poor countries, as he warned that debt problems are once again on the increase.

In his first public appearance as World Bank president, David Malpass said there were already 17 African countries at high risk of debt distress.

Related: China defends plans to spend $60bn in Africa over three years

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