💨 Abstract

World Bank President Ajay Banga is holding discussions with the Trump administration regarding the bank's fund for the world's poorest countries. If the U.S. fails to honor its $4 billion International Development Association (IDA) pledge and some European countries reduce their pledges, the IDA funding round could drop from $100 billion to $80-$85 billion, still above pre-pandemic levels. Banga finds the discussions constructive.

Courtesy: theprint.in

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