Multilateral banks back reforms plan

​The MDB reform programme will be taken up at the G20 finance ministers and central bank governors’ (FMCGB) meeting in Marrakech under India’s presidency on October 12-13. The reforms blueprint is derived from the report of the Independent Expert Group (IEG), co-chaired by 15th Finance Commission chairman NK Singh and former US treasury secretary Larry Summers, set up by the G20.