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⚠️Outdated and ineffective processes and mechanisms continue to hinder Africa’s ability to secure the concessional finance it so desperately needs. The 2025 IMF/World Bank meetings present a crucial moment to accelerate reform. For example, IMF quotas, mainly based on GDP, determine the amount of loans and Special Drawing Rights (or SDRs) a country can access, maintaining a global imbalance. What is sorely needed is not additional pledges, but smarter money and better processes. 💡Our proposals:
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