are expected to dominate next week's meetings of senior economic officials from World Bank and IMF member countries, as well as the G-7 and G-20, with the IMF poised to downgrade its forecast for global growth as a result of the war.
Thursday's meeting will be more of a roundtable than a donors conference, although both the IMF and World Bank have set up separate accounts to be able to process and relay donations, and additional pledges are expected to be announced next week. World Bank President David Malpass told an event in Warsaw this week that the bank was preparing a US$1.5 billion support package for Ukraine.
Canada, one of Ukraine's main supporters, has proposed disbursing up to $1 billion Canadian dollars through the new account, which will be administered by the IMF.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan, US to hold finance ministers' meeting next week - KyodoTOKYO : Japan and the United States are likely to hold a bilateral finance ministers' meeting next week on the sidelines of the Group of 20 gathering to be held in Washington, Kyodo news agency reported on Friday.Both governments are currently negotiating the exact date for the meeting, which will likely
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Prime Minister Lee Hsien Loong announces Finance Minister Lawrence Wong as leader of 4G teamSINGAPORE: Prime Minister Lee Hsien Loong on Thursday (Apr 14) announced that Finance Minister Lawrence Wong will be the leader of Singapore\u0027s fourth-generation (4G) team. In a statement from the Prime Minister\u0027s Office (PM), Mr Lee said: \u0022After a process of consultation, Cabinet ministers affirmed today t 我问天， 我问天！ Congratulation! As a former Victorian I congratulate Mr Lawrence Wong for being chosen as 4G Leader. Nil Sine Labore
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Russian finance minister to attend G20 meeting virtually: IndonesiaJAKARTA: G20 host Indonesia said on Thursday (Apr 14) that Russian Finance Minister Anton Siluanov has confirmed he planned to attend next week\u0027s meeting of finance ministers and central bank governors from the Group of 20 major economies virtually. Indonesian finance ministry official Wempi Saputra also t
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »