International Development Association
latest news & developments
Rising debt challenges divide developed and developing economies
An international framework that prevents prolonged restructuring negotiations is required
Mozambique gets $60m boost in fight against poverty
Mozambique’s poverty-alleviation programme this week received a boost following the approval of a further -million loan by the World Bank. ”The council of executive directors of…
World Bank eyes Africa projects with China
The World Bank is planning projects in Africa with China’s Export-Import Bank to address concerns that Beijing is taking more than it gives as it scours the continent for oil and…
Reform challenge for chiefs of IMF, World Bank
The new heads at the World Bank and the International Monetary Fund (IMF) face the tough task of restoring credibility to the powerful financial bodies that hold an annual summit…
Zoellick chief says globalisation must be ‘inclusive’
World Bank president Robert Zoellick said Wednesday that globalisation must be ”inclusive and sustainable” if it is to help combat crushing poverty around the world. In a speech…