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Summit for a new global financing pact: African Development Bank head says MDBs should leverage IMF Special Drawing Rights to fight climate change and push SDGs - Vimarsana News

Summit for a new global financing pact: African Development Bank head says MDBs should leverage IMF Special Drawing Rights to fight climate change and push SDGs

African Development Bank head Dr Adesina ( third from left) on panel discussing SDRs and debt at the Summit For a New Global Financing Pact, Paris, June 22 2023

Source: afdb.org
 - Vimarsana News

The Summit For A New Global Financial Pact, which starts in Paris, France, on Thursday, will be results driven. French officials said the country was excited to welcome Prime Minister Mia Amor Mottley to the summit. “Prime Minister Mottley puts the spotlight on vulnerable countries. It is important to note that some of our [French] islands experience this same vulnerability, so support from Barbados is key,” said one official. Mottley arrived …

World Bank unveils groundbreaking measures to aid nations in crisis response - Vimarsana News

World Bank unveils groundbreaking measures to aid nations in crisis response

In a significant move to address the growing concerns over the impacts of climate change and the increasing vulnerability of financially weak nations, the World Bank Group has announced a suite of new and expanded...

France to host Summit for a New Global Financing Pact - Vimarsana News

France to host Summit for a New Global Financing Pact

PARIS, June 6 (Xinhua) -- France is preparing to host on June 22 and June 23 the Summit for a New Global Financing Pact, whose goal is to build a new contract b

Zambia : Finance Minister Urges Official Creditors for Progress in Debt Restructuring to Secure IMF Financing - Vimarsana News

Zambia : Finance Minister Urges Official Creditors for Progress in Debt Restructuring to Secure IMF Financing

Lusaka - Zambia: Finance Minister Dr. Situmbeko Musokotwane has called upon Zambia's official creditors to make progress in restructuring the country's debt