By David Lawder WASHINGTON (Reuters) - The International Monetary Fund and World Bank on Thursday issued a rare joint statement pledging to step up ...
COVID-19 boosters coming | SaltWireWASHINGTON - The International Monetary Fund and World Bank on Thursday issued a rare joint statement pledging to step up their cooperation to address climate change, debt vulnerabilities and countries' digital transitions.
"The Bretton Woods institutions, with their universal membership and specialist expertise, are well-placed to make a critical contribution to help countries tackle these challenges," IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga said in the joint statement.
The joint IMF-World Bank statement said the two institutions would collaborate on climate change on a"more structured and institutionalized footing.This includes formalizing regular meetings of the new Bank-Fund Climate Advisory Group every two months to consider climate-related developments on key projects, including loans through the IMF's new Resilience and Sustainability Trust, which provides middle-income countries with financing on climate resilience and transition projects.
"We will enhance our joint work to help prevent further build-up of debt vulnerabilities, assisting countries to strengthen debt management and transparency and public finances," Georgieva and Banga said, adding that they would also deepen support to creditors and debtors engaged in debt restructurings.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
U.S. bank profits flat after accounting for failed bank acquisitions: FDICU.S. bank profits were largely flat in the second quarter of 2023 after accounting for the impact of three large failed bank acquisitions, the Federal Deposit Insurance Corporation reported Thursday. The bank regulator said industry profits dipped 11.3% to $70.8 billion in the second quarter, but that was primarily due to the impact of the bank failures and ensuing acquisitions. Accounting for those events, bank profits were up 5.7% compared to a year prior.
Lire la suite »
U.S. bank profits flat after accounting for failed bank acquisitions: FDICBy Pete Schroeder WASHINGTON (Reuters) - U.S. bank profits were largely flat in the second quarter of 2023 after accounting for the impact of three ...
Lire la suite »
U.S. bank profits flat after accounting for failed bank acquisitions: FDICKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Lire la suite »
Biden to focus on World Bank reform, new funding at G20 in New DelhiWASHINGTON (Reuters) - U.S. President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending ...
Lire la suite »
Biden to focus on World Bank reform, new funding at G20 in New DelhiWASHINGTON (Reuters) - U.S. President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending ...
Lire la suite »
Biden to focus on World Bank reform, new funding at G20 in New DelhiMarket News
Lire la suite »