Islamabad (Agencies): The world observes the International Day of Banks today, recognizing the crucial role multilateral development banks and international development banks play in financing sustainable development and sharing expertise. The United Nations General Assembly adopted the resolution designating December 4 as the International Day of Banks to highlight their significant potential in promoting global development.

This day acknowledges the contributions of these financial institutions in supporting economic growth, reducing poverty, and achieving the Sustainable Development Goals (SDGs). It also emphasizes the importance of providing technical and financial know-how to countries worldwide to build resilient and inclusive economies.

As the world navigates through economic challenges and strives for sustainable development, the International Day of Banks serves as a reminder of the vital support these banks provide to nations in their development journey.

By Admin

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