The United States has called upon G20 member nations to participate in the reform of multilateral development banks, including influential institutions like the International Monetary Fund (IMF) and the World Bank. This proposal seeks to foster international cooperation among the world’s largest economies in restructuring these financial institutions to better address global development challenges. The initiative emphasizes the importance of collective action to enhance the effectiveness of these banks in promoting sustainable development and economic stability worldwide. This collaborative effort represents a significant step towards reshaping the landscape of global finance and reflects the United States’ commitment to reforming international financial institutions for the betterment of the global economy.
U.S. Calls on G20 Nations to Collaboratively Reform Multilateral Development Banks, Including IMF and World Bank
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