Rio de Janeiro: US President Joe Biden announced that America will pledge USD 4 Billion over the period of the next 3 years to replenish the World Bank‘s International Development Association. In a post on X, Biden shared, “This week I joined World Bank President Banga to announce the United States will pledge $4 billion … Read more
World Bank President Ajay Banga on Tuesday batted for removing barriers to private sector investment, saying it is key to tackling challenges before the global economy as neither the governments nor multilateral banks have trillions of dollars in their coffers. Speaking to World Economic Forum Founder and Executive Chairman Klaus Schwab in a podcast ahead … Read more
Political leaders and industry captains on February 24 hailed Indian American Ajay Banga’s nomination as World Bank president, saying he is an inspired choice and a phenomenal addition to the list of Indian-origin leaders at the helm of globally impactful organisations. President Joe Biden on Thursday announced that the U.S. is nominating Mr. Banga to … Read more