Finance Secretary Ralph Recto called on the World Bank and the International Monetary Fund (IMF) to act decisively and ramp up support for developing nations.
“The peace and prosperity of future generations rest in our hands. We cannot afford any delay or inaction,” Recto said in his opening remarks as chair of the Intergovernmental Group of Twenty-Four (G-24) on April 16, 2024.
Formed in 1971, G-24 helps coordinate the positions of...