The Heads of Multilateral Development Banks (MDBs) convened in Manila today for their first-ever meeting in the Philippines, hosted by the Asian Development Bank (ADB) as its 2026 Chair. The group discussed strategies to provide more financing and greater impact to support developing countries facing increasing challenges. This meeting aims to strengthen joint action and deliver on the resilience mandate, ensuring that countries are better equipped to handle future obstacles.

Originally reported by AllAfrica