What were the outcomes of the Finance Minister's meeting with the World Bank President regarding MDBs reforms
Discussions on MDBs reforms were held during the Finance Minister's meeting with the World Bank President.
During the Finance Minister's meeting with the World Bank President regarding Multilateral Development Banks (MDBs) reforms, the outcomes included:
- Agreement on the need for stronger collaboration and coordination among MDBs to maximize impact and efficiency.
- Commitment to enhancing transparency and accountability in MDB operations to ensure effective use of resources.
- Emphasis on the importance of aligning MDB activities with the Sustainable Development Goals (SDGs) to drive sustainable development.
- Discussion on leveraging technology and innovation to improve the effectiveness of MDB projects and programs.
- Recognition of the role of MDBs in supporting countries in their development efforts and promoting inclusive growth.
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6 months ago