US Treasury sees progress on multilateral bank reforms, but more to do
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The US Treasury has praised the progress made by multilateral development banks (MDBs) on reforms to expand their lending capacity to help countries address climate change and other challenges. The Treasury official highlighted a report by the Inter-American Development Bank and World Bank on callable capital as an important step towards increasing lending. The official also mentioned recent positive developments at the African Development Bank and the Inter-American Development Bank, but emphasized that more work is needed. The next steps include engaging with credit rating agencies and increasing callable capital at the African Development Bank.

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https://www.investing.com/news/economy/us-treasury-sees-progress-on-multilateral-bank-reforms-but-more-to-do-3378751