International organizations champion the ‘four Marrakesh principles’ as a formula to protect future prosperity and end extreme poverty.
The IMF and the World Bank have issued a joint statement calling for strengthening the economy Sustainable GrowthEncourage the resistance and strengthen the global cooperation in an increasingly vulnerable world.
International organizations defend the ‘four principles of Marrakech‘ as a formula to protect future prosperity and end extreme poverty.
These principles include inclusive and sustainable growth through structural reforms, mobilizing domestic resources to diversify disposable income, promoting greater resilience through macroeconomic policies and transforming the economic and productive fabric.
In terms of global cooperation, the IMF and the World Bank support the strengthening of the international monetary system, a transparent and rules-based trading environment and the empowerment of existing international organizations.
The effects of recent crises They have left many countries struggling with high inflation rates and debt, problems financing basic public services, and the fight against climate change and poverty.
Emerging markets and developing countries have been particularly hard hit, widening the income gap with the rich making the goal of eradicating extreme poverty by 2030 difficult.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
