Yellen pushes for 'bold action,' more reforms at World Bank this year

balance sheet changes

Yellen said the changes already approved had sharpened the mission of the World Bank to ensure it was striving to end extreme poverty, boost shared prosperity and build resilience, but more progress and "bold action" was needed. Yellen said the changes were aimed at enhancing the bank’s work so it could better meet 21st century challenges like climate change, fragility and pandemics.

Yellen gave no specifics, but said upcoming events could be leveraged to keep momentum strong for the evolution of the World Bank. Those included the Summit for a New Global Financial Pact to be hosted by France in June, the Group of 20 Leaders' Summit in India in September, the annual meetings of the World Bank and IMF in Morocco in October, and the United Nations COP28 climate conference to be held in Dubai in November and December.

Reform means get with their NWO program.

Digital currency incoming. I hope your social credit score is in good standing.

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Yellen to push development bank evolution at spring meetingsU.S. Treasury Secretary Janet Yellen on Wednesday will host a roundtable discussion on further steps to evolve the World Bank and other development lenders to tackle climate change and other global crises beyond a $5 billion annual World Bank lending expansion, the Treasury said. What's Cathie Woods doing with World Bank Group? Try not lending to countries that can't pay you back ❤️
Source: Reuters - 🏆 2. / 97 Read more »