From April 20-23, Minister of Finance Michael Damberg and Minister of Development Assistance Matilda Earnranks will attend the Spring Meetings of the International Monetary Fund and the World Bank in Washington, DC. And during the Spring Meetings, the economic consequences of Russia’s invasion of Ukraine will be as follows.
The International Monetary Fund and the World Bank play key roles in supporting member countries in dealing with these crises and challenges. Finance Minister Michael Damberg and Development Aid Minister Matilda Earnranks will participate in talks with institutional representatives and, among other things, stress the importance of strong multilateral cooperation in support of Ukraine and countries affected by the economic consequences of the Russian invasion of Ukraine. Finance Minister Michael Damberg will also participate in a roundtable discussion on Ukraine’s financing needs with World Bank Governor David Malpass and Ukrainian President Volodymyr Zelensky.
The Russian invasion brought great human suffering to the Ukrainian people, and the country’s economy was severely damaged. Finance Minister Michael Damberg said that strong international cooperation is more important than ever to stop Russian aggression and support Ukraine.
The ongoing management of the pandemic will also be discussed at the Spring Meetings, as well as the need to address long-term challenges such as climate change and widening gaps within and between countries.
We need to do our best to build a more resilient future and face the various humanitarian crises in the world, the spread of Covid-19, climate change, and support for Ukraine. Sweden has set its sights on contributing to these crises and is doing everything we can to build a more resilient future, both in Sweden and in the world, says Development Aid Minister Matilda Ernkrans.
The Development Aid Secretary will also meet with Linda Ethem, chair of multilateral affairs at the National Security Council, and Curtis Reed, chair of development and global human health and health at the National Security Council, who is advising President Biden on a visit to White. a house. He spoke during a high-level seminar on working towards sustainable food systems.
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