Multilateral development banks eye up to $400 billion more lending over 10 years
The IDB said in a statement that the increased financing capacity will be supported by the offer of innovative financial instruments and by promoting the channeling of the IMF's Special Drawing Rights (SDRs) through MDBs.
The IDB also foresaw actions "providing more clarity on callable capital, which would help rating agencies better assess the value of callable capital." (Image credit: Reuters)