World Bank President Ajay Banga Defends Multilateralism

World Bank President Ajay Banga has expressed confidence in the continued relevance of multilateralism. Bloomberg posted on X, highlighting Banga's perspective amid growing skepticism about the effectiveness of multilateral institutions. Banga argues that multilateralism remains a crucial framework for addressing global challenges, despite increasing doubts from various quarters. His comments come at a time when many are questioning the ability of international organizations to effectively manage global issues. Banga's stance underscores the importance of cooperation and collaboration among nations to tackle complex problems that transcend borders.