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6 days ago · First, countries, the World Bank Group, and the IMF will work together closely to identify each country’s climate challenges—and the priority policy reforms needed to address them. This process will be informed by the World Bank Group’s Country Climate and Development Reports (CCDRs), the IMF’s climate-related analytics, and countries ...
2 days ago · We are taking comprehensive action to help vulnerable countries meet their financing needs. We will work together to continue strengthening debt transparency practices by both debtors and creditors, public and private, and supporting countries’ efforts to maintain debt sustainability.
6 days ago · The IMF and the WBG appreciate the support of member countries and are working to quickly operationalize the joint enhanced framework for climate action. Spain champions the call to step up the impact of Special Drawing Rights (SDRs) through the International Monetary Fund (IMF) and the World Bank Group (WBG)’s enhanced framework for scaled ...
3 days ago · Accordingly, the World Bank Group and the IMF will work together closely to identify each country’s climate challenges—and the priority policy reforms needed to address them.
May 9, 2024 · But challenges remain to ensure that debt burdens do not return to unsustainable levels. The World Bank, the International Monetary Fund (IMF) and other multilateral, bilateral and commercial creditors began the Heavily Indebted Poor Countries (HIPC) Initiative in 1996.
May 28, 2024 · Debt service due to the multilateral official creditors (the IMF and the World Bank) is about the same size as to bilateral official creditors. Why not suspend debt service payments to the IMF?
6 days ago · The 1944 United Nations Monetary and Financial Conference, held in July of that year at Bretton Woods, New Hampshire, holds out a powerful narrative about how countries may tackle global collective challenges. It stands as the opening of a novel epoch in world history, an age of sustained recovery, widespread prosperity, dynamic growth, crisis-free development, and political stability. Bretton ...
