World Bank President David Malpass said that the most urgent issue facing the bank is addressing global poverty.
File: The"clear mission and focus" of the World Bank is"alleviating and eliminating extreme poverty".
President Donald Trump's controversial pick to lead the bank appeared eager to distance himself from his past attacks on the institution and stressed the support he has received from developing nations and from staff. "The mission of the bank is urgent," he said."There are still 700 million people in extreme poverty and that's 700 million too many."
And he said he is concerned about slowing global growth which is"a key part of meeting goals on poverty, and shared prosperity."
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