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Blog Post
May 21, 2024
This week, Kenyan President William Ruto will be the first African leader to receive an official state visit since President George W. Bush invited Ghanaian President John Kufuor in 2008. President Ruto is traveling to Washington to mark the 60th anniversary of US-Kenyan diplomatic relations. But un...
Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
CGD NOTES
May 07, 2024
IDA faces many headwinds—difficult aid politics in key donor countries; a high-interest rate environment that renders its financial model less efficient; and deteriorating credit quality in many of its client countries that makes risk taking less appealing. Breaking the $100 billion mark is not a po...
April 11, 2024
Ahead of the highly anticipated World Bank-IMF Annual Meetings in Marrakesh, the Center for Global Development has unveiled a groundbreaking tool—the MDB Reform Tracker. This tracker explores how the six largest multilateral development banks are tracking against three major reform agenda: