US wants G20 to help reshape, scale up multilateral development banks like IMF & World Bank

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The US wants the G20 nations to collaborate in reforming and expanding multilateral development institutions such as the International Monetary Fund and the World Bank, a top White House official has said. John Kirby, the White House National Security Council Coordinator for Strategic Communication, stated on Wednesday that the United States will emphasize its commitment to the G20 as a vital platform for addressing global challenges during President Joe Biden’s upcoming visit to India. President Biden is scheduled to arrive in New Delhi on Friday to take part in the G20 Summit. “One of our main goals heading into the...