Diokno urges IMF, WB to help fight 'polycrisis'

Apr 13, 2023 12:54 am

FINANCE Secretary Benjamin Diokno urged the World Bank Group and the International Monetary Fund (IMF) to scale up support for emerging markets and developing economies in the fight against mounting challenges.

Both institutions, he told a G-24 ministerial meeting in Washington, have vital roles to play in addressing a 'polycrisis' — generally defined as the simultaneous occurrence of catastrophic events.

Finance Secretary Benjamin Diokno

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