Revamp lending way of MDBs, says expert group
Friday, 13 October 2023
An independent expert group has proposed reforms to strengthen multilateral development banks (MDBs) and increase lending to countries. The group suggests mobilizing $240 billion from the private sector to reach a lending goal of $390 billion by 2030. The group emphasizes the need for collaboration and inclusivity, following the G20 Summit's example.
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