DEVEX
By Adva Saldinger
23rd October 2024
While various ideas have been proposed to give countries saddled with debt some breathing room, the financial picture is still bleak — and that doesn’t bode well for development.
BRIDGING THE GAP
The IMF and World Bank would play a key role in providing additional financing and other support to help countries raise more of their own funds as part of the plan, which grew out of a proposal from economists at the Finance for Development Lab.