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Biden makes pledge in closed-door G20 session in Brazil-sources; World Bank seeks record top-up of IDA fund for poor countries; U.S. funding of $4 bln pledge would come after Trump takes office ...
When The World Bank Does More Harm Than Good : Goats and Soda Large projects funded by the bank have left millions of poor people worse off, an investigation found.
The World Bank upgraded its outlook for the global economy and said the “impressive” U.S. economy is powering the world. The latest outlook estimates the global economy will expand 2.6 percent ...
The World Bank projected in a new report that average potential global output is poised to fall to a 30-year low of 2.2 percent per year between 2023 and 2030.
Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.
WASHINGTON, June 30, 2021 – The World Bank announced today that it is providing over $4 billion for the purchase and deployment of COVID-19 vaccines for 51 developing countries, half of which are in ...
The World Bank's IDA fund, which provides mainly grants and very low interest loans to the poorest countries, is replenished every three years, and a pledging conference is scheduled for Dec. 5-6 ...
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