World Bank's Malpass says U.S. subscribed to IBRD capital increase

WASHINGTON (Reuters) - World Bank President David Malpass on Thursday said the bank's main lending arm for middle-income countries has received nearly $9.8 billion in subscribed capital from the United States that will help "materially" with the bank's coronavirus response.Only about $1.2 billion of the U.S. contribution is paid-in capital under a general $13 billion capital increase for the World Bank that was agreed in 2018. A World Bank official said the U.S. Treasury has sent the..