Context
Recently, the World Bank has set up a task force to study the recommendations for strengthening multilateral development banks (MDBs), laid out by an independent experts’ group formed during India’s G20 presidency.
Background
What Is a Multilateral Development Bank (MDB)?
About India’s plan:
Major Multilateral Development Banks: The following is a list of the major multilateral development banks, ranked by total assetsare;
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How a Multilateral Development Bank (MDB) Works?
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