Development banks mobilize funding to cushion war impact

MANILA, Philippines — Seven multilateral development banks (MDB), including the World Bank (WB) and Asian Development Bank (ADB), on Monday pledged support for countries grappling with the economic fallout of the Middle East conflict, which has triggered a historic oil shock and stoked global inflation. In a joint statement, the banks said they were responding to […]... Keep on reading: Development banks mobilize funding to cushion war impact

Original source: Philippine Daily Inquirer