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Jamaica, Costa Rica call for end to inequitable COVID vaccine access

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April 9, 2021 – Toward a resilient recovery: My reflections on the World Bank Group's Spring Meetings


April 9, 2021 – Toward a resilient recovery: My reflections on the World Bank Group’s Spring Meetings
World Bank Group President David Malpass at the 2021 Spring Meetings. Photo credit: World Bank Group
As the 2021 World Bank Group –  IMF Spring Meetings come to a close, I was very pleased with strong support from all shareholders, the G7, G20, and Development Committee for the World Bank’s actions on climate, debt, vaccines, and other development priorities. The World Bank Group has acted quickly to help as many countries as possible respond to the COVID-19 pandemic.
While I am pleased with the speed, scale, and quality of the WBG’s activities, I feel no complacency about the challenges that lie ahead. It’s time to move urgently toward opportunities and solutions that achieve sustainable and broad-based economic growth, and it is our collective efforts on poverty, climate, and inequality that will be the defining choices of our age. ....

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Developing Countries COVID-19 Debt Crisis Could Put SDGs & Climate Agreement Completely Out of Reach


Prospects for post COVID-19 recovery are dangerously diverging, according to the International Monetary Fund (IMF) The United Nations said developing nations have spent 580 times less per capita on their COVID-19 response, in comparison to richer nations, because they do not have the money to do so. Credit: James Jeffrey/IPS
BONN, Germany, Mar 30 2021 (IPS) - The inability of developing nations to spend on post COVID-19 recovery and resilience has placed the world on the “the verge of a debt crisis”. “We face the spectre of a divided world and a lost decade for development,” United Nations Secretary-General António Guterres said on Monday, Mar. 29, during a high-level meeting on financing development post COVID-19. ....

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