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World Bank President says the world is facing a ‘perfect storm’ of crises

22 November 2023

World Bank President says the world is facing a ‘perfect storm’ of crises and that he is reforming his institution to tackle them. In an interview with DW, he discusses plans to boost lending capabilities, assess risk in a different way and the new mission to eradicate poverty on a livable planet. He also explains how he sleeps at night against a backdrop of multiple challenges: climate change, food insecurity, growing poverty and pandemics. In addition, Banga shares his reaction to Argentina’s new far-right president Javier Milei’s intention to scrap his country’s central bank. Finally, he defines how success looks for him.

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