The International Monetary Fund (IMF)-World Bank virtual Spring Meetings took place as global economic turmoil deepened

IMF-World Bank Spring Meetings 2020: a world in crisis looks for leadership

By Eurodad

Decision-makers from around the world gathered online to hammer out compromises that will buy some developing countries time to tackle the worsening crises at their doorsteps, but many more need urgent, and substantial financial support. As G20 nations grab headlines with stimulus packages totalling over US$ 5 trillion, throwing out previous economic orthodoxies to ‘do whatever it takes’, a similar sense of urgency needs to steer their approach to supporting developing countries, and cannot be shackled by geopolitical jockeying.

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