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EDINBURGH — After India’s G20 summit and the UN General Assembly last month, world leaders will attend the International Monetary Fund (IMF) and World Bank meetings in Marrakesh, before heading to the UN Climate Change Conference in Dubai. But there is little optimism that these summits will deliver meaningful progress in tackling our greatest challenges, not because of any
EDINBURGH — After India’s G20 summit and the UN General Assembly last month, world leaders will attend the International Monetary Fund (IMF) and World Bank meetings in Marrakesh, before heading to the UN Climate Change Conference in Dubai. But there is little optimism that these summits will deliver meaningful progress in tackling our greatest challenges, not because of any
US President Joe Biden has urged G20 nations to increase funding to the World Bank in order to support low- and middle-income countries. The initiativ
US President Joe Biden has urged G20 nations to collectively increase funding for the World Bank in order to support low- and middle-income countries. The initiative aims to provide a one-time boost to the World Bank's lending volume and double its crisis lending capacity.
US President Joe Biden has rallied G20 nations to agree to collectively mobilise more headroom and concessional finance to boost the World Bank’s capacity to support low- and middle-income countries, the White House said on Saturday.