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Think Change Episode 44: Tackling Debt, Transforming Economies – Why is the IDA Replenishment So Urgent? – ODI

ODI •  April 2, 2024 • 1 minute read

This podcast was originally published on ODI’s website on April 2, 2024.

Global public debt is at unprecedented levels. The UN has reported that nearly half of the world’s population lives in countries that spend more paying off debts to other countries than they spend on healthcare for their own people.

While needs soar as countries try to address the impact of the poly-crisis and invest significantly to transform their economies and societies, economic growth is in sharp retreat in many nations in the Global South.

The World Bank is calling for donor governments to step up. They have put ‘IDA replenishment’ top of the agenda at this month’s Spring Meetings in Washington, D.C.

But why is the World Bank calling for this record replenishment? Join Managing Director of UPGI, Greg Chen, alongside Sara Pantuliano, Annalisa Prizzon, and Seynabou Sakho, as they explore the case for the IDA to become more effective and efficient at a time of soaring needs.

Listen to the full episode here.

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