G20 Summit: Strengthening Multilateral Development Banks for Global Prosperity
TL;DR Summary
The G20 has expressed support for a larger role for a reformed World Bank in global development efforts. The group of major economies emphasized the need for increased international cooperation and coordination to address global challenges, including poverty, inequality, and climate change. The G20 also called for reforms within the World Bank to enhance its effectiveness and responsiveness to the evolving needs of developing countries.
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