{"id":544267,"date":"2022-02-22T13:53:25","date_gmt":"2022-02-22T13:53:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/"},"modified":"2022-02-22T13:53:25","modified_gmt":"2022-02-22T13:53:25","slug":"rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/","title":{"rendered":"Rich nations are not reaching pledge targets in terms of pandemic aid"},"content":{"rendered":"

<\/a> G20 countries fell short of their USD 100 b<\/strong>n <\/strong>pandemic aid pledge to <\/strong>develop<\/strong>ing<\/strong> countries:<\/strong> The world\u2019s most advanced economies agreed last week to provide a combined USD 60 bn to developing countries struggling under the financial fallout of the pandemic, marking a significant reduction from their original USD 100 bn pledge, the Financial Times<\/a> reports. This is also less than a quarter of the USD 290 bn given to members of the G7 group of advanced economies last year by the IMF as special drawing rights (SDRs), the FT notes. The US and China made the biggest pledges, agreeing to shell out USD 21 bn and USD 14 bn, respectively, after the meeting of G20 finance ministers and central bank governors in Jakarta ended last week.<\/p>\n

And they\u2019ve turned the tables on the IMF:<\/strong> The G20 said<\/a> it would continue to work towards the USD 100 bn target, and called on the IMF to set up the Resilience and Sustainability Trust before the IMF and World Bank spring meetings in April. The trust would provide developing countries with loans \u2014 at low or zero interest rates \u2014 but are still considered unfavorable by debt-heavy emerging economies that would benefit more from the no-strings-attached kind of aid that comes through SDRs and the G20\u2019s pledges.<\/p>\n","protected":false},"excerpt":{"rendered":"

G20 countries fell short of their USD 100 bn pandemic aid pledge to developing countries: The world\u2019s most advanced economies agreed last week to provide a combined USD 60 bn to developing countries struggling under the financial fallout of the pandemic, marking a significant reduction from their original USD 100 bn pledge, the Financial Times […]<\/p>\n","protected":false},"author":1,"featured_media":544268,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[96,7098,147,228,633,638,926,422,224,246,1188,272],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-abdel-fattah-el-sisi","tag-africa","tag-climate-change","tag-cop27","tag-enterprisepm","tag-for-your-commute","tag-g20","tag-ghana","tag-green-bonds","tag-green-economy","tag-green-exchange","tag-imf","wpautop","entry"],"acf":{"mongo_id":"a1aa7e75-2f59-41c2-b3ff-8842b8e39856","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/532.jpg","photo_position":"above","related_issue":[544263],"teaser":"","voice_url":""},"yoast_head":"\nRich nations are not reaching pledge targets in terms of pandemic aid - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rich nations are not reaching pledge targets in terms of pandemic aid\" \/>\n<meta property=\"og:description\" content=\"G20 countries fell short of their USD 100 bn pandemic aid pledge to developing countries: The world\u2019s most advanced economies agreed last week to provide a combined USD 60 bn to developing countries struggling under the financial fallout of the pandemic, marking a significant reduction from their original USD 100 bn pledge, the Financial Times […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-22T13:53:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/532.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Rich nations are not reaching pledge targets in terms of pandemic aid\",\"datePublished\":\"2022-02-22T13:53:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/\"},\"wordCount\":223,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/532.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdel Fattah El Sisi\",\"Africa\",\"climate change\",\"COP27\",\"EnterprisePM\",\"FOR YOUR COMMUTE\",\"G20\",\"Ghana\",\"green bonds\",\"Green Economy\",\"Green Exchange\",\"IMF\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/rich-nations-are-not-reaching-pledge-targets-in-terms-of-pandemic-aid\/\",\"name\":\"Rich nations are not reaching pledge targets in terms of pandemic aid - 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A group of 74 low-income countries will see\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550798,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/27\/the-2022-imf-world-bank-spring-meetings-have-ended-here-are-the-key-takeaways\/","url_meta":{"origin":544267,"position":4},"title":"The 2022 IMF + World Bank Spring Meetings have ended: Here are the key takeaways","author":"enterpriseam admin","date":"27 April 2022","format":false,"excerpt":"RECAP \u2014 The IMF \/ World Bank Spring: The war in Ukraine and ensuring food security in developing countries stole most of the attention last week as global financial chiefs descended upon Washington, DC for the IMF \/ World Bank\u2019s annual Spring Meetings. The general outlook this year was grim\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/528.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560448,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/28\/what-the-markets-are-doing-on-28-february-2021\/","url_meta":{"origin":544267,"position":5},"title":"What the markets are doing on 28 February 2021","author":"enterpriseam admin","date":"28 February 2021","format":false,"excerpt":"The global economic recovery is looking increasingly uneven, with a \u201cdangerous divergence\u201d opening up between the developed and developing worlds, the IMF\u2019s Managing Director Kristalina Georgieva said in a statement during the meeting of G20 finance ministers on Friday. Prospects for global growth remain promising, and the world\u2019s GDP could\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544267"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544267\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/544263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544268"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544267"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544267"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}