
World Bank Announces Record $100 Billion Support for World's Poorest Countries
This is Beirut, 2024-12-06 10:40 - Reading : 2 minute(s)
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The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power. Donor countries committed $23.7 billion to replenish the bank's concessional lending arm, known as the International ...