World Bank President: Rich countries should provide more debt relief to less developed countries

Economy

World Bank President David Malpass called on the richest countries in the Group of 20 to provide more debt relief to the least-developed countries in the world, stressing the need for more money flow and growth in developing countries.

This came, according to Agence France-Presse, after the American giant Microsoft announced that it would spend tens of billions of dollars to buy a video game company.

“I was struck by the Microsoft investment – $75 billion in a video gaming company compared to just $24 billion over three years in aid for the poorest countries,” Malpass said in a press conference on Wednesday, referring to donations allocated in December by 48 high- and middle-income governments.

“Microsoft” company announced on Wednesday its intention to acquire in exchange for about $ 96 billion the Activision Blizzard, the giant American video game company, which has released popular games, including “Candy Crush”, “Call of Duty” and “World of Warcraft”.

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