World Bank Hints New Strategies at Development Committee Meeting
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The World Bank gave the first hints of its new strategies crafted under the presidency of Jim Yong Kim during a development committee meeting yesterday, Russian Deputy Finance Minister Sergei Storchak said.
The poverty-fighting lender, with projects ranging from building bridges to education and health-care loans, plans to focus on specific areas where it has “an obvious competitive edge,” Storchak told reporters today in Washington. He was attending the spring meetings of the bank and International Monetary Fund.