[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111718-en":3,"doc-seo-111718-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},111718,1099514067415,"Rowan","https://ap-avatar.wpscdn.com/avatar/100002539d78ffe74a7?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779092875211072502",8,"Research & Report","G24 Communiqué - 2025 - Joint Ministerial Committee Development Committee","G24 Communiqué circulated for the Development Committee at the request of Argentina’s Secretary of Finance, Pablo Quirno, following the 112th virtual meeting of the Ministers of the Intergovernmental Group of Twenty-Four. The text highlights humanitarian suffering from fragility, violence, and wars, calls for ending hostilities, and stresses the peace-development nexus. It addresses weak global growth, inflation persistence, pressures on EMDEs, and the need for coordinated multilateral support, including IMF resources, quota review progress, and strengthened IMF effectiveness and governance.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee of the  \nBoards of Governors ofthe Bank and the Fundon the  \nTransfer of Real Resources to Developing Countries)  \nDC/S/2025-0061 October 16, 2025  \nG24 COMMUNIQUÉ  \nThe attached Communiqué of the one hundred and twelfth meeting of the Ministers of the Intergovernmental Group of Twenty-Four, held virtually on October 14, 2025, is circulated for the information of the Development Committee at the request of Pablo Quirno, Secretary of Finance, Argentina, serving as Chair.  \n*****  \nINTERGOVERNMENTAL GROUP OF TWENTY-FOUR ON INTERNATIONAL MONETARY AFFAIRS AND DEVELOPMENT  \nCOMMUNIQUÉ  \nChaired by Pablo Quirno, Secretary of Finance, Argentina  \nOctober 14, 2025  \n1. The G-24 notes with deep concern the humanitarian suffering caused by fragility, violence and wars across the world, and we call for an end to all hostilities. We call attention to the importance of international law and strengthening the enforcement of the principle of peaceful settlement of disputes as enshrined in the Charter of the United Nations. The G-24 emphasizes the vital nexus between peace and development. In this context, we welcome recent developments in the Middle East, and we hope that it will pave the way for a comprehensive and just peace. The international community must stay engaged in conflict and fragile states, honor existing commitments, and provide support for recovery, reconstruction, and long-term development. Support must also extend to host countries disproportionately affected by refugee and displacement crises, ensuring they receive predictable financing and development support alongside humanitarian aid. Such an approach is essential to strengthen national resilience and alleviate pressure on host communities, fostering long term stability and inclusive growth.  \n2. Following a succession of adverse shocks in recent years, global growth remains below prepandemic levels. Rising trade tensions and heightened policy uncertainty are creating substantial mediumterm headwinds, and growth is likely to remain uneven and fragile, constrained by rising fiscal and debt vulnerabilities. Inflation is easing but remains persistent, with risks from policy uncertainty that could undermine the ongoing disinflationary process.  \n3. Trade tensions and policy uncertainties are weighing heavily on emerging markets and developing economies (EMDEs). Deteriorating terms-of-trade, reduced export volumes, and declining foreign currency earnings, including remittances, are magnifying risks to macroeconomic stability in many EMDEs. As a result, economic growth and sustainable development remain constrained, and growth prospects are insufficient to offset the cumulative damage from successive shocks. Across EMDEs, domestic policy has been critical to containing inflation risks and to mitigating the impact of elevated uncertainty. Continued central banks’ independence is therefore crucial to maintaining monetary policy credibility and effectiveness. Efforts to strengthen fiscal resilience by rationalizing and reprioritizing spending and structural reforms to support private sector-led growth are ongoing, but the constrained policy space, debt distress and current uncertainty underscore the urgent need for collective and coordinated solutions supported by multilateral institutions.  \n4. International Monetary Fund (IMF) support for EMDEs remains crucial, and a strong, adequately resourced IMF complemented by Regional Financing Arrangements, is essential for crisis prevention, effective response, and safeguarding international monetary and financial stability. To strengthen the IMF’s lending capacity, we urge members to advance their domestic processes to ensure the timely completion of the 16th General Review of Quotas (GRQ) . At the same time, the IMF could also consider exploring a mechanism for the regular issuance of Special Drawing Rights (SDRs) to bette","cbCaivej3e8Lrimm","https://ap.wps.com/l/cbCaivej3e8Lrimm","pdf",237660,1,4,"English","en",105,"# Overview and Call for Peace and Development\n# Global Growth and Macroeconomic Conditions\n# Impacts on EMDEs and Policy Priorities\n# IMF Lending Capacity and Special Drawing Rights\n# Quota Realignment and Fund Effectiveness\n# World Bank Evolution and Jobs Focus","[{\"question\":\"What is the central message of the G24 Communiqué?\",\"answer\":\"It emphasizes the peace-development nexus, calls for an end to hostilities, and urges engagement with conflict-affected and fragile states through recovery, reconstruction, and long-term development support.\"},{\"question\":\"How does the Communiqué describe the current global growth outlook?\",\"answer\":\"Global growth remains below pre-pandemic levels, with trade tensions and policy uncertainty creating medium-term headwinds. Growth is expected to stay uneven and fragile due to fiscal and debt vulnerabilities, despite easing inflation.\"},{\"question\":\"What actions does the Communiqué call for regarding the IMF?\",\"answer\":\"It urges members to advance domestic processes for the timely completion of the 16th General Review of Quotas and asks members to explore regular issuance of Special Drawing Rights to support EMDEs and LICs.\"}]",1784491410,10,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":27},"g24-communique-2025-joint-ministerial-committee-development-committee","",{"@graph":35,"@context":84},[36,52,67],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":21},"https://docshare.wps.com/document/g24-communique-2025-joint-ministerial-committee-development-committee/111718/",{"url":51,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"inLanguage":23,"description":14,"dateModified":60,"datePublished":61,"encodingFormat":59,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":40,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-07-20","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":20},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What is the central message of the G24 Communiqué?","Question",{"text":74,"@type":75},"It emphasizes the peace-development nexus, calls for an end to hostilities, and urges engagement with conflict-affected and fragile states through recovery, reconstruction, and long-term development support.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"How does the Communiqué describe the current global growth outlook?",{"text":79,"@type":75},"Global growth remains below pre-pandemic levels, with trade tensions and policy uncertainty creating medium-term headwinds. Growth is expected to stay uneven and fragile due to fiscal and debt vulnerabilities, despite easing inflation.",{"name":81,"@type":72,"acceptedAnswer":82},"What actions does the Communiqué call for regarding the IMF?",{"text":83,"@type":75},"It urges members to advance domestic processes for the timely completion of the 16th General Review of Quotas and asks members to explore regular issuance of Special Drawing Rights to support EMDEs and LICs.","https://schema.org",{"og:url":51,"og:type":86,"og:title":13,"og:site_name":57,"og:description":14},"article",{"robots":88,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":91},[92,96,100,104,109,114,119,122,127,130,133],{"id":20,"doc_module":4,"doc_module_name":45,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":21,"doc_module":4,"doc_module_name":45,"category_name":101,"show_sort_weight":102,"slug":103},"Exam",70,"exam",{"id":105,"doc_module":4,"doc_module_name":45,"category_name":106,"show_sort_weight":107,"slug":108},5,"Comic",60,"comic",{"id":110,"doc_module":4,"doc_module_name":45,"category_name":111,"show_sort_weight":112,"slug":113},6,"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":45,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":45,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":45,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":28,"doc_module":4,"doc_module_name":45,"category_name":131,"show_sort_weight":28,"slug":132},"Lifestyle","lifestyle",{"id":134,"doc_module":4,"doc_module_name":45,"category_name":135,"show_sort_weight":105,"slug":136},19,"General","general"]