Biden Pledges Record $4 Billion to World Bank Fund

Biden pledges record $4 billion to World Bank fund for poorest countries
U.S. President Joe Biden pledged a $4 billion U.S. contribution to the World Bank's International Development Association fund for the world's poorest countries, a senior Biden administration official said on Monday.
US Pledges $4 Billion for World Bank Arm Focused on Poor Nations
(Bloomberg) -- President Joe Biden pledged $4 billion for the World Bank unit focused on low-interest loans and grants to the poorest nations, bolstering the effort to secure funding amid uncertainty over the policies of President-elect Donald Trump.
Biden pledges record $4 bln US contribution to World Bank fund for poorest countries
US President Joe Biden has pledged a $4 billion US contribution to the World Bank's International Development Association (IDA) fund for the world's poorest countries, two sources with knowledge of the commitment said on Monday.
South Korea pledges 45% increase in World Bank fund contribution
South Korean President Yoon Suk Yeol has pledged a 45% increase in the country's contribution to the World Bank's International Development Association fund to more than $600 million, the finance ministry said on Tuesday.
Biden to Announce 'Historic' Pledge to World Bank Fund for Poorest Countries, Advisor Says
U.S. President Joe Biden is set to announce a 'historic' pledge to replenish the World Bank's International Development Association fund aimed at the world's poorest countries, U.S. deputy national security advisor Jonathan Finer said on Monday.
Biden in 'historic' pledge for poor nations ahead of Trump return
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
World Bank: Lebanon’s war-inflicted losses reach $8.5 billion
Crisis-ridden Lebanon has suffered physical damages and economic losses estimated at $8.5 billion during more than a year of ...
World Bank: Israel-Hezbollah war cost Lebanon $8.5 billion in physical damages, economic losses
The World Bank says the Israel-Hezbollah war has cost Lebanon $8.5 billion in physical damages and economic losses. Housing ...
World Bank estimates $8.5 billion in damage to Lebanon from Israel-Hezbollah conflict
The World Bank said on Thursday the ongoing conflict between Israel and Hezbollah has caused $8.5 billion in damage and ...
Biden set to meet with world leaders who have already moved on to Trump
When President Joe Biden’s aides were planning his visit to South America this week for a pair of leaders’ summits, two ...
The Times of Israel4d
Hezbollah’s war with Israel cost Lebanon at least $8 billion — World Bank
Report says losses concentrated in commerce, tourism, hospitality and agriculture, in addition to damage to physical ...
Treasury sanctions 2 West Bank entities over violence
The Treasury Department on Monday sanctioned an Israeli WestBank settlement development organization and its subsidiary for ...
World Bank fears budget cuts from Trump White House after losing track of $24B: ‘Running around like headless chickens’
The Washington, D.C.-based lender is worried the new administration’s austerity axemen, Elon Musk and Vivek Ramaswamy, could ...
EconoTimes2d
World Bank in Turmoil: Officials Scramble After Losing $24 Billion in Climate Funds Under Trump’s Budget Ax
The World Bank is reportedly in chaos as officials grapple with fallout from revelations of $24 billion in unaccounted climate funds. The controversy has escalated fears of severe budget cuts from ...