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MDB REFORMS
FM Sitharaman flags global crisis spillovers, unfair burden on developing nationsFinance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing...- Malaysia's Najib Razak: From prime minister to prisonNajib Razak, once groomed for leadership, now serves jail time for graft. A crucial verdict looms in a second trial concerning the 1MDB sca...
- MDB reforms short of expectation, say Summers & SinghMultilateral development banks have started reforms, but their efforts are insufficient, say experts Lawrence Summers and NK Singh. They sa...
- FM Sitharaman bats for critical multilateral development banks reformsFinance Minister Nirmala Sitharaman called for substantial reforms in multilateral development banks to secure additional funds for develop...
- UN chief keen on continuing momentum of MDB reforms initiated during India's G20 Presidency: N K SinghUN Secretary-General Antonio Guterres aims to sustain the momentum of Multilateral Development Banks (MDB) reforms initiated during India's...
- Multilateral Development Banks reform: Taking stock & looking aheadIMF/World Bank Spring Meetings in DC focus on reforming MDBs to address 21st-century challenges. G20 crucial in pushing for comprehensive r...
- FM Sitharaman asks World Bank to explore collaborative approach in water management efforts"FM Smt.@ nsitharaman stated that @WorldBank should explore comprehensive, collaborative and holistic approach in water management with spe...
- MDBs need different approaches to draw in private financing and achieve their full potentialSpeaking at COP28 UAE, N K Singh said MDBs mobilising and galvanising private financing requires a multi-year strategic and whole-of-instit...
- Annual private capital mobilisation by multilateral development banks needs to quadruple to $240 bn by 2030: N K SinghSpeaking at the Paris Peace Forum at a session on “Achievements since the Summit for a New Global Financing Pact”, moderated by French Pres...
- G20 greenlights multilateral development bank reforms, crypto rulesThey also adopted a road map for the regulation of crypto assets, marking significant progress on India's G20 agenda. "...The G20 finance t...
- G20 panel moots trebling lending limits of multilateral banks by 2030The Independent Expert Group headed by former US treasury secretary Larry Summers and India's 15th Finance Commission chairman NK Singh cal...
- Multilateral banks back reforms planThe MDB reform programme will be taken up at the G20 finance ministers and central bank governors' (FMCGB) meeting in Marrakech under India...
- Multilateral Development Banks need discontinuous change: Larry Summers, former US Treasury Secretary"We need discontinuous change, not merely continuous evolution. That change must be both quantitative in the scale with which they operate ...
- Growth rate of 8 per cent for India an imaginable goal: Larry SummersRenowned economist Larry Summers believes that India has the potential to achieve an annual growth rate of 8% and bring transformative chan...
- G20 Finance Track will take up crypto assets, MDB reforms next: DEA secy SethFinance ministers and central bank governors of G20 nations will gather in Marrakech in October to discuss potential reforms at multilatera...
- High hopes for climate and energy outcomes at G20 Summit as India takes leadExperts say the majority of the funding allocated to developing countries to address the effects of climate change and achieve their climat...
- EBRD makes a case for multiple multilateral banks with diverse approachesThe European Bank for Reconstruction and Development (EBRD) said that different multilateral development banks (MDBs) are useful as they ea...
- European development bank chief takes reform agenda to G20 talks in IndiaThe President of the European Bank for Reconstruction and Development (EBRD), of which India is a shareholder, will arrive in India on Sund...
- FM Sitharaman backs 'holistic' approach to multilateral development bank reformsIn her interaction with the G20 expert group on Multilateral Development Bank (MDB) reforms in Washington DC, finance minister Nirmala Sith...
- G20 Presidency: Can India be the global south’s voice for climate finance?MDBs are being encouraged by the G20 to submit an update on the recommendations of the G20’s independent CAF review in Spring 2023 on the s...
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