Advanced economies pledge $11 bn to boost World Bank lending
A group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank's lending capacity by up to $70 billion over a decade, the development lender announced Friday. By leveraging the resources pledged, the bank should be able to provide up to $70 billion in new lending over a 10-year period.
A group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank's lending capacity by up to $70 billion over a decade, the development lender announced Friday. By leveraging the resources pledged, the bank should be able to provide up to $70 billion in new lending over a 10-year period.
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Phillimon Sefake
Phillimon Sefake is a creative writer and literary scholar
