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World Bank in talks with dozens of countries on crisis aid
Original: World Bank in talks with dozens of countries about crisis aid, Banga says
World Bank President Ajay Banga says the institution is in talks with dozens of countries about crisis support, as mounting debt pressures and economic shocks strain governments worldwide. The remarks point to a broadening pipeline of assistance requests reaching the bank as it weighs how to respond to a growing number of economies seeking financial help.
Why now: Rising debt distress and economic crises in many countries have put the World Bank's crisis-response capacity in the spotlight.
Evidence
- World Bank in talks with dozens of countries about crisis aid, Banga says · Reuters
- World Bank in talks with dozens of countries about crisis aid, Banga says · Thai PBS World
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