World Bank wins pledges for US$100 billion replenishment of fund for poorest countries
- Donor countries pledged a record US$100 billion for the World Bank's fund to aid the poorest nations in their struggles against debt and climate disasters.
- The World Bank announced the replenishment at a conference in Seoul, aiming to provide crucial loans and grants to approximately 78 low-income countries.
- World Bank President Ajay Banga stated that the funding will directly support the developing countries most in need of assistance.
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Leaning Left6Leaning Right4Center2Last UpdatedBias Distribution50% Left
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50% Left
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R 33%
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