Trump to Offer Adviser to Support Macri at the Head of the World Bank

WASHINGTON.- The President of the United States,

Donald Trump

, plans to appoint David Malpbad, the Undersecretary for International Affairs of the Treasury Department, to head the World Bank, according to official sources. The official announcement would be made this Wednesday.

Malpbad, a critical economist in the multilateral agency with a long history in the US federal government, was a leader of Ronald Reagan and George HW Bush – was one of Trump's advisors. more involved in the bilateral relationship with Argentina. He received Finance Minister Nicolás Dujovne in his office when he came to Washington to negotiate the agreement for the first time.
Standby with the International Monetary Fund (IMF) and supported Mauricio Macri's economic reforms.

Malpbad will be the North American candidate who will seek to replace South Korean Jim Yong Kim, who has had a controversial and early exit from the entity, by accepting a position in an infrastructure company whose work is located in developing countries borrowing from the body.

Malpbad was on the shortlist of candidates for the presidency of the multilateral body for several weeks. Another name that also came to circulate: the girl and the presidential advisor,

Ivanka Trump

. Malpbad's candidacy was revealed last night by the Politico website.

Malpbad was one of the men most involved in trade negotiations with China. One of the criticisms he made to the World Bank is specifically about his lending to the Asian giant. Malpbad also criticized the entity's scope of action and showed skepticism about the scope of multilateralism, suggesting that he went "too far".

The Trump government has already held informal consultations with other World Bank shareholders to test Malpbad's bid, which they intend to present as a "reformer." The president must be elected by the vote of the country shareholders. The United States is the largest shareholder of the agency.