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
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 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.
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 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
Biden pledges $4 billion to World Bank ahead of Trump transition
Fox News’ Lucas Tomlinson reports on the latest from the G-20 Summit in Brazil.
Biden gives billions to the World Bank before Trump takes over
Joe Biden is attempting to give the World Bank billions of dollars before Donald Trump takes over and wields a machete to international development funds through his America First agenda.
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 ...
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World Bank scales up food security crisis response
The impacts are being felt disproportionately by vulnerable communities and threatening global food security, the World Bank ...
Biden appeals to world leaders to stay in the climate fight as Trump casts shadow
President Joe Biden is making an urgent appeal to fellow world leaders to surge money to developing nations to curb climate ...
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Biden appeals to world leaders to stay in the climate fight as Trump shadows his efforts
Biden announced on Tuesday a $325 million contribution to help developing countries move away from climate-damaging fossil ...
Scientific American20h
See How Close We Are to Gender Equality around the World
Achieving gender equality, Goal 5, is one of the U.N.’s 17 Sustainable Development Goals. Others include ending poverty (Goal ...
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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 ...
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 ...
Scripps News on MSN5d
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 ...
Legit on MSN19h
See the list of the most indebted countries to the World Bank in 2024
This is based on publicly available data from the Debt Management Office (DMO) reports. The amount paid from January to June ...