The World Bank should plan to double its mobilized private climate finance by 2025 and, along with the International Monetary Fund, strengthen efforts to address debt vulnerabilities, U.S. Treasury Secretary Janet Yellen said in a statement on Thursday.
U.S. Treasury Secretary Janet Yellen on Thursday called for "strong action" by international financial institutions to protect data integrity and prevent misconduct in the wake of a World Bank data-rigging scandal.
Canada is concerned about the challenges facing global supply chains and is watching the country's ports very closely, Finance Minister Chrystia Freeland said on Thursday.
The International Monetary Fund's steering committee on Thursday urged global policymakers to monitor pricing dynamics closely, but to "look through" inflationary pressures that are transitory and will fade as economies normalize.
World Bank President David Malpass said on Thursday that he hoped China would increase its donation to the International Development Association fund for the poorest countries.