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LeCompte said his office was pushing to reintroduce US legislation that would further concretise the principles, potentially impacting not only on US policy but also on the lending guidelines used by some of the largest multilateral development lenders.
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It has turned to the IMF and to multilateral development banks for support.
It has won extra money from the IMF and multilateral development banks.
The World Bank and other major multilateral development banks (MDBs) could collectively lend $1tn more than they are currently, it seems.
Finally, it is essential that the multilateral development banks become more rigorous about measuring their own results.
Multilateral development banks (MDBs), on the other hand offer decades of experience in planning and executing complex infrastructure projects.
The World Bank and other multilateral development banks have a crucial role to play in meeting this challenge.
The $22 billion lent last year outstripped credits from traditional multilateral development banks, according to China-Latin America Economic Bulletin, published by Boston University.
"Bonds issued by supranationals, multilateral development banks and multilateral financial institutions are among the most liquid fixed income securities available, and issuers maintain buyback provisions as a liquidity backstop".
On Wednesday, the UK government announced that multilateral development agencies such as the World Bank will need to show results in order to continue receiving UK taxpayer support.
Multilateral development institutions have probably had their most consistent success when they serve as "knowledge" banks, helping to share experience, best practices, and technical knowledge across regions.
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