The platform is called the "Global Collaborative Co-Financing Platform" and aims to direct additional capital, expand the scope and impact of development, mobilize funds for mega projects, and reduce the burdens on beneficiary countries
Al-Mashat stressed that at a time when the world is witnessing successive and intertwined crises, it has become necessary to achieve structural change and reform in economic policies, especially for developing countries and emerging economies
Maait announced this in press statements on the sidelines of the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington.
Al-Mashat confirmed that there are major obstacles preventing countries from participating in the private sector in infrastructure projects, related to the risks associated with implementing these projects, and the ability of governments to structure bankable projects and mitigate the size of the risks of participation in those projects.
This came in her participation in a high-level event organized by the International Monetary Fund (IMF) and the Economic and Social Commission for Western Asia (ESCWA), on “Debt Swap for Climate Action,”
