WASHINGTON: The World Bank and International Monetary Fund have called for better global cooperation with regard to climate change, national debt, and...
Flags of participating countries are pictured inside the International media centre at the G20 venue, days ahead of its commencement in New Delhi on September 7, 2023. AFPPIX: The World Bank and International Monetary Fund have called for better global cooperation with regard to climate change, national debt, and the digital revolution ahead of this weekend’s G20 summit, reported dpa news agency.
The meeting of the world’s Group of 20 leading and emerging economies in New Delhi is a chance to boost partnerships in all areas, with the IMF and World Bank increasing their collaboration. “The International Monetary Fund and the World Bank – with their expansive expertise and global membership - have a pivotal role in supporting countries through these challenging and transformational times,“ they said in a statement.
“The IMF managing director and the World Bank president today announced their intention to intensify their institutions’ collaboration in three key areas: climate change, debt, and digital transition. They will also continue to coordinate closely on providing developing countries with financial and policy support.”
International financial institutions, governments, foundations, and the private sector would also have to cooperate more closely, they said. - Bernama
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Xi, Putin missing G20 summit not unusual, India’s foreign minister saysNEW DELHI, Sept 6 — China’s President Xi Jinping and Russia’s Vladimir Putin skipping this week’s G20 summit in New Delhi is not unusual and has nothing to do with India,...
Read more »
Indian billionaires Ambani, Adani set to attend G20 summit dinnerThe South Asian nation is aiming to showcase its position as the world’s fastest-growing major economy.
Read more »
India roboh rumah setinggan menjelang persidangan G20Kawasan setinggan di Kem Janta, New Delhi dirobohkan oleh pihak berkuasa menjelang Sidang Kemuncak G20 pada hujung minggu ini.
Read more »
G20 agrees to grant permanent membership to African UnionThe move would give the continental body of 55 member states the same status as the European Union.
Read more »
Grab-led GXBank the first digital bank to start operationsIt is the first of five digital banks to receive approval to commence operations, effective Sept 1, 2023.
Read more »
Polish central bank stuns with 75-bps rate cut, zloty plungesWARSAW: Poland’s central bank cut its main interest rate by 75 basis points to 6% on Wednesday (Sept 6), in a shock decision ahead of October election...
Read more »