The UN Development Programme (UNDP) joined forces with the Brookings Institution and Senegalese development advisory firm Africatalyst on the margins of the IMF/World Bank spring meetings on 14 April to demand changes. The event was centred on a new UNDP report that purports to show that “subjective” rankings are costing 21 African countries a combined $74.5bn a year in excess interest payments and lost financing.
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