World Bank’s Banga says he is open to using IMF SDRs to boost…
By David Lawder MARRAKECH, Morocco, Oct 10 (Reuters) - World Bank President Ajay Banga told Reuters on Tuesday that he is open to finding a way to use International Monetary Fund Special Drawing Rights as capital to increase lending to fight climate change and other global crises. He said in an interview, however, that he remains skeptical that substantial hurdles to harnessing the IMF's reserve asset can be overcome, and…
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