World Bank set to pause loan repayments by disaster-hit nations - FT

Indonesia Berita Berita

World Bank set to pause loan repayments by disaster-hit nations - FT
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

The World Bank will allow countries hit by disasters to pause repayments on loans to the multilateral lender, the Financial Times reported on Thursday.

World Bank President Ajay Banga will unveil measures, including the pause on repayments and embedding catastrophe insurance into new loans in a speech in Paris on Thursday, the newspaper reported.

The lender will also allow countries to "quickly redirect" a portion of their funds to responding to an emergency when a crisis occurs, the FT said. French President Emmanuel Macron is hosting a summit on Thursday and Friday in Paris to pin down a roadmap for easing the debt burdens of low-income countries while freeing up more funds for climate financing.

Nearly 40 heads of state and government are set to back a push for multilateral development banks like the World Bank to put more capital at risk to boost lending, Reuters reported this week, citing a draft summit statement.Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Christopher Cushing and Jamie Freed

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

ReutersScience /  🏆 559. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Rihanna Wants Treasury Secretary and World Bank President to 'Step Up' With Climate Crisis SupportRihanna Wants Treasury Secretary and World Bank President to 'Step Up' With Climate Crisis SupportNo one can make Rihanna feel like she’s the only girl in the world if there’s no world to live in — and more importantly, the communities suffering the most from the climate crisis don’t deserve to feel as though they’re alone in their fight for change.
Baca lebih lajut »

Rihanna Urges Treasury Sec. Janet Yellen to ‘Step Up’ to Help Communities Hit By Climate EmergenciesRihanna Urges Treasury Sec. Janet Yellen to ‘Step Up’ to Help Communities Hit By Climate EmergenciesThe Barbadian singer also mentioned the World Bank’s president in her Tuesday tweet.
Baca lebih lajut »

Chicago boxer Kenneth Sims Jr. reaches No. 2 world ranking with hopes for world titleChicago boxer Kenneth Sims Jr. reaches No. 2 world ranking with hopes for world titleSims has fought through obstacles to get where he is - including managing sickle cell.
Baca lebih lajut »

TRT World's NEXT Forum brings together world's youth for impactful changeTRT World's NEXT Forum brings together world's youth for impactful changeYoung journalists, academics, activists, NGO representers and entrepreneurs from all over the world gather in Istanbul for the NEXT Forum, to find a platform for discussing the most important issues in rapidly changing the world.
Baca lebih lajut »

The World's 50 Best Restaurants, According to the ‘World’s 50 Best’ ListThe World's 50 Best Restaurants, According to the ‘World’s 50 Best’ ListThis year’s controversial but hotly anticipated list was announced on June 20 at a ceremony in Valencia, Spain.
Baca lebih lajut »

Explainer: What is the 'Bridgetown Initiative' asking for at Paris financial summit?Explainer: What is the 'Bridgetown Initiative' asking for at Paris financial summit?President Macron hosts a summit this week to discuss reform of the world's multilateral finance institutions in the face of climate change and other challenges. A key topic will be suggestions dubbed the 'Bridgetown Initiative'
Baca lebih lajut »



Render Time: 2025-03-10 00:33:11