💨 Abstract

President Donald Trump asked Congress to approve $3.2 billion in contributions to the World Bank's International Development Association, a three-year pledge to aid the world's poorest countries. The move is a welcome surprise following concerns about Trump skipping IDA contributions. The sum is lower than Biden's pledge of $4 billion, but still helps the World Bank reach its goal of raising $100 billion for IDA. The final decision rests with Congress.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖