3min chapter

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Resilience and Sustainability Trust: New Tool for a Changing World

IMF Podcasts

CHAPTER

A Kiss That Wakes It Up

The RST is a fruit of a shared vision, responsibility, and commitment of the international community to help low and vulnerable middle income countries overcome global policy challenges. We immediately got pledges for $30 billion SDRs from 17 countries; right now we are at 15.5 billion signed agreements with more to come in 2023. It is a testament to what can be achieved when there is a massive collaboration effort across our shareholders, internal and external stakeholders, and our partners among the international financial institutions. And such a collective effort will be critical to mobilize large financing from the private sector. Thank you very much.

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