multilateral institutions

Govt, multilateral bank coffers don’t have trillions of dollars: World Bank chief Ajay Banga

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Govt, multilateral bank coffers don’t have trillions of dollars: World Bank chief Ajay Banga

World Bank President Ajay Banga on Tuesday batted for removing barriers to private sector investment, saying it is key to tackling challenges before the global economy as neither the governments nor multilateral banks have trillions of dollars in their coffers. Speaking to World Economic Forum Founder and Executive Chairman Klaus Schwab in a podcast ahead … Read more

G20 expert group examining ways to enhance lending capacity of multilateral development banks: NK Singh

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G20 expert group examining ways to enhance lending capacity of multilateral development banks: NK Singh

A G20 expert group is examining how the lending capacity of the multilateral development banks can be substantially enhanced to help developing nations meet the SDGs and eliminate poverty, N K Singh, co-convenor of the group, said on Wednesday. Singh, who is the co-convenor of the G20 Independent Expert Group, stressed that Multilateral Development Banks … Read more