Yellen to push development bank evolution at spring meetings

WASHINGTON -U.S. Treasury Secretary JanetYellenon Wednesday will host a roundtable discussion on further steps to evolve the WorldBankand otherdevelopmentlenders to tackle climate change and other global crises beyond a $5 billion annual WorldBanklending expansion, the Treasury said. The discussion on the sidelines of the WorldBankand International Monetary FundSpringMeetingswill bring together finance ministers from major shareholders and borrowing countries that will cover "ways to maintain momentum to evolve the multilateraldevelopmentbanks to better meet current challenges," the Treasury said in a statement. The WorldBankhas proposed balance sheet changes that would quickly...Keep on reading: Yellen to push development bank evolution at spring meetings

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