BLOG SURF

KATHMANDU, MARCH 31

The lingering pandemic has dealt the global economy an unprecedented shock, and the recovery is likely to be slow and uneven.

The current crisis is exacerbating inequalities throughout the world and, without access to vaccines, the gap will widen further.

Meanwhile, COVID-19 has made clear the need to establish a better way to handle the debt-financing needs of developing economies.

And for a sustainable future, solutions are most urgently needed in developing countries, where the investment gap is deepest, and people are most disproportionately impacted by the climate crisis.

So, what will it take to shape a resilient recovery that works for people and the planet? Taking place fully virtually, the 2021 World Bank Group/IMF Spring Meetings will center around "helping countries build a green and resilient recovery."

Leaders from government, business, international organizations, and civil society, along with a diverse group of experts, will discuss these global challenges and the path ahead to achieve resilient recovery.

A version of this article appears in the print on April 01, 2021, of The Himalayan Times.