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Blog Post
April 05, 2022
Ukraine has close to $2.7 billion in principal and interest payments due to the World Bank and IMF in 2022. The government of Ukraine should not be expected to repay its debt to the international financial institutions (IFIs) while it is mobilizing all its resources to fend off the Russian invasion...
Blog Post
March 14, 2022
When sudden shocks like the COVID-19 pandemic cripple an economy’s ability to rapidly raise revenue and reallocate limited resources, multilateral development banks (MDBs) can lead the crisis response. MDBs provide a range of instruments that support countries in different ways and at different peri...
Blog Post
March 04, 2022
As the war in Ukraine shakes the moral conscience of the world, the question is what the global community can do to help those suffering within the country and outside. One proposal, laid out in POLITICO on Tuesday, is to use the $650 billion worth of Russia’s Central Bank assets that have been froz...