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Trump proposes Malpass as the new head of the world Bank

After the resignation of world Bank President Kim has nominated Trump is now the US candidate for the Post. His will, according to the Economist, Malpass will take the office - a self-confessed world Bank critics.

US President Donald Trump has suggested the 62-year-old Economist David Malpass as the new President of the world Bank. Malpass, so far as the Secretary of state in the Ministry of Finance, will replace Jim Yong Kim, who had stepped down in January, surprisingly his office at the top of the organization down. The last word the boards of the world Bank.

Trump described Malpass as a "highly respected" and a "brilliant" man. There could be "no better candidate" for the leadership of the world Bank. Malpass himself announced that he wanted to "constructive reforms" in the multi-national development Bank.

Calls for Reform

189 member countries of the organization, which supports projects to combat poverty. According to tradition, the USA, the sister organization, the International monetary Fund (IMF), the President, while Europeans. Currently, the Frenchwoman Christine Lagarde is at the top.

However, there had been a last Call for a Reform of this regulation. The U.S. internal selection process, the Minister of Finance, Steven Mnuchin have led, together with the President's daughter, Ivanka Trump, according to the latest reports from the White house.

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