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WB-Italy Agreement: Giorgetti, “Africa’s challenges demand action, not words”

The understanding increases IDA financial support for low-income countries by about 25%
 April 24, 2025

Washington, 24 April 2025 – The World Bank and Italy signed an agreement in Washington to promote sustainable development in Africa, supplementing Italy’s recent contributions to multilateral development and increasing financial support to IDA, the World Bank body that assists low-income countries, by around 25 per cent.

The Italian Minister of Economy and Finance Giancarlo Giorgetti underscored: Africa’s challenges demand action, not words. This partnership ensures the Mattei Plan delivers real impact fast”.

 Photogallery

WB-Italy Agreement | Washington, 24 April 2025

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