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African Development Bank (Abidjan)

AfDB at Summit for a New Global Financing Pact in Paris

World leaders attending this week's Summit for a New Global Financing Pact praised the African Development Bank for finding a solution that would enable rich countries to reallocate part of their Special Drawing Rights (SDR) to low-income countries through multilateral development banks. The technical solution preserves the asset reserve status of the SDRs and would unlock hundreds of billions for Africa.

More on the AfDB AllAfrica page.

Summit for a New Global Financing Pact

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