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World Bank To Manage Gaza Reconstruction Fund: Ajay Banga

Summary by India West
WASHINGTON, DC -World Bank President Ajay Banga announced the creation of a dedicated Gaza Reconstruction and Development Fund to manage international contributions for rebuilding the war-ravaged territory, saying the institution would act as a “limited trustee” under the direction of the newly formed Board of Peace. Speaking at the inaugural meeting of the Board of Peace in Washington on February 19, Banga said that once the United Nations Secu…
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India West broke the news in on Friday, February 20, 2026.
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