Recent events—in particular, last April’s meeting of the Bretton Woods institutions (that is, the World Bank and the International Monetary Fund (IMF))—have generated significant advances in international financial cooperation, particularly in support of developing countries. Such support remains crucial, as a large number of low- and middle-income countries continue to be severely affected by the COVID-19 crisis while economic recovery efforts are very uneven, as underscored by the IMF in its World Economic Outlook.