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Barbados Prime Minister Mottley calls for overhaul of unfair, outdated global finance system

Barbados Prime Minister Mottley calls for overhaul of unfair, outdated global finance system

During her speech, Ms. Motley spoke extensively about the need to reform the ageing global financial architecture to better reflect today’s realities, for instance making it easier for climate-stricken countries to access capital.

Indeed, the Bretton Woods Agreement that gave rise to the World Bank and the International Monetary Fund (IMF) “no longer serve the purpose in the 21st century that they served in the 20th century,” she…

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