World Bank and IMF could not agree on the Russia-Ukraine conflict

No time to read?
Get a summary

Disagreements over language regarding the Russia-Ukraine conflict have prevented the World Bank and IMF from preparing a joint statement following their annual meeting in Morocco. This was reported by Policy.

The publication notes that disagreements over language regarding the Russia-Ukraine conflict prevented the publication of a joint statement at the annual meeting of the International Monetary Fund and the World Bank.

According to the publication’s source, the statement “wasn’t strong enough.”

It was emphasized that the officials who met in Morocco to discuss economic and monetary policy “could not reach a consensus” because countries such as Ukraine, the Netherlands, Canada and northern European countries objected to the way the special military operation was carried out. in the draft text.

Before that, US Treasury Secretary Janet Yellen and UK Chancellor of the Exchequer Jeremy Hunt discussed “Joint action to deprive Russia of income” during the annual meetings of the International Monetary Fund (IMF) and the World Bank in Marrakech.

Previously USA and Ukraine started Negotiations on security guarantees for Kiev.

No time to read?
Get a summary
Previous Article

USA is planning new sanctions on China

Next Article

Ovechkin was thanked in Russian in the USA