Tag: others get $93b lifeline from World Bank

  • Poor African countries, others get $93b lifeline from World Bank

    Poor African countries, others get $93b lifeline from World Bank

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    by

    Starnews NG
    in

    • Global debt hits $226tr, now 256% of output The World Bank Group has announced a $93 billion funding to help low-income countries respond to the COVID-19 crisis and build greener, resilient and inclusive economies. The lifeline is being extended through its member, the International Development Association (IDA). The amount comprises $23.5 billion of contributions…