New global financing pact summit, prime minister Abiy Ahmed

BY DARGIE KAHSAY

 PM Abiy with his delegation discussing with Kristalina Georgieva. International Monetary Fund (IMF) Managing Director

 PM Abiy at the roundtable discussion alongside World Bank group CEO and other corporate leaders entitled “Evolving the model of multilateral development banks to address the 21st century challenges.”

He emphasized the need to address the current multi-dimensional financial challenges in the developing world with a robust and predictable financial safety net. PM Abiy accentuates the need to reform financial institutions, implementing past pledges with resolve, boosting concessional financing and grant and financing green future

 Prime Minister Abiy discussing with the current President of the World Bank Group (WBG), Ajay Banga

PM Abiy calls upon the WBG to enhance its mission to respond to the new challenges like climate change, pandemics and to strengthen its efforts in poverty reduction and promoting shared prosperity.

The Ethiopian Herald 25 June 2023

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