Bolstering MDBs will enhance their impact on development: DEA Secy

India's G20 presidency aims to strengthen multilateral development banks (MDBs) to maximize their impact on global development, according to economic affairs secretary Ajay Seth. The consensus reached during the G20 summit will lead to further work on bolstering MDBs and making them more effective. The goal is to mobilize financing from various sources to increase development funding.

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