International Development Association

World Bank Raises 52b Dollars for Poorest Countries

The World Bank has raised some 52 billion dollars, a record amount, for its fund for development in the world’s poorest countries, though some are expressing concerns over the terms under which some of this money is being offered by donor governments.

U.S. Urged to Reject New World Bank Focus on Large Infrastructure

A group of environmentalists, gender activists and international finance watchdogs are calling on the U.S. government to support calls for the World Bank to step back from a new programmatic focus on large-scale infrastructure, which critics say does little to help alleviate poverty.