Tag: World Bank
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UN steps up criticism of IMF and World Bank, the other pillars of the post-World War II global order
“In fairness, the bank has been trying to update its funding procedures to address these concerns, but it has not gone far enough to...
World Bank approves $300 million financing to help the poor in Lebanon
Beirut (AP) — The World Bank approved a $300 million additional financing to Lebanon’s poor, providing cash payments to help families struggling through the...
Ex-Mastercard CEO Ajay Banga confirmed as World Bank leader
Washington (AP) — Former Mastercard CEO Ajay Banga, an Indian army officer’s son with decades of corporate experience, was confirmed Wednesday to lead the World Bank for...
President of the World Bank Malpass commends India for empowering women and cites Prime Minister Modi
globe Bank President David Malpass stated that the globe is making strides in women's empowerment and complimented India's efforts, particularly those of Prime Minister...
Fight against poverty has ground to a halt, World Bank warns
Kyiv (France24) - The Covid-19 pandemic and Russia's invasion of Ukraine have reversed three decades of progress in reducing poverty, according to the World...