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New ​'From Billions to Trillions' report : A reality check

​Its easy to come up with neat numbers. But how do you make this happen? With so many countries in debt and fiscal distress, how are they expected to raise the additional $2 trillion a year that the expert group calls for when they will struggle even to maintain what they have, as Barbadian PM Mia Mottley and Kenyan President William Ruto emphasised?
Lawrence Summers Mia Mottley Addis Ababa William Ruto Green Climate Fund World Bank

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ADB unlocks $100B in fresh funding to boost regional growth in next 10 years • Cai U. Ordinario

The Manila-based multilateral development bank, the Asian Development Bank (ADB), decided to expand its funds to enable it to mobilize financing to help the region face crises in the next decade. In a statement, ADB said these efforts would unlock $100 billion in new funding to help Developing Member Countries (DMCs) to overcome “overlapping, simultaneous
Masatsugu Asakawa Asian Development Bank Developing Member Countries Adequacy Framework Countercyclical Lending Buffer

US Treasury Chief Yellen to Visit India for G20 Leaders Summit

Janet L. Yellen, the US Treasury Secretary, is set to take part in the G20 Leaders Summit held in New Delhi from September 7 to September 10, as confirmed by the White House. During her fourth visit to India in less than a year, Secretary Yellen's primary objectives will be to enhance the worldwide economy and provide assistance to low and middle-income nations.
New Delhi United States White House District Of Columbia Janet Yellen Akshara Tyagi
Source: newsx.com

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