In less than five months, they had to present a road map for one of the complex questions of the times, in time for the G20 finance ministers meeting in July which would then feed into the leaders' summit that commences on Saturday.
But Singh, Summers and their fellow members have managed to deliver a blueprint that both speaks of expanding the mandate of MDBs, particularly the World Bank Group, and expanding the resources available to the institutions to deal with the expanded mandate. And they have done so with the widest possible consensus at a particularly divisive moment in international politics.
In a conversation with HT on Friday morning, Singh said, "What was impossible now looks more possible." He referred to the submission of the Volume 1 of the group's report and the impending submission of the Volume 2 of the report to the finance ministers during their final meeting under the Indian presidency in Marrakesh in October.
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