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Published 1 month ago

Multilateral development banks eye up to $400 billion more lending over 10 years

Summary by WTVB
WASHINGTON (Reuters) – The Inter-American Development Bank on Saturday said leaders of 10 multilateral development banks committed to take action in five critical areas, including additional lending headroom totaling $300-400 billion over the next decade. Following a retreat held in Washington at the IDB headquarters, on the sidelines of the International Monetary Fund and World Bank spring meetings, the MDBs said the agreed plan involves “j…

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