World Bank Secures Record $100 Billion to Aid Poorest Nations

    World Bank Secures Record $100 Billion to Aid Poorest Nations

    Dec 6, 2024, 04:46 AM

    The World Bank has secured a record-breaking $100 billion in pledges from donor countries for a three-year replenishment of its fund aimed at supporting the world's poorest nations. This significant financial commitment is intended to address the challenges these countries face, including crushing debts, climate disasters, inflation, and conflict.

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    Markets

    Resolution / Starting Odds

    Yes50%

    No50%

    International Monetary Fund and World Bank reports

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    No50%

    Yes50%

    World Bank official reports and press releases

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    Yes50%

    No50%

    World Bank announcements and financial records

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    Africa25%

    Other25%

    Latin America25%

    Asia25%

    World Bank allocation reports

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    Other25%

    India25%

    Nigeria25%

    Bangladesh25%

    World Bank country allocation reports

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    Debt Relief25%

    Climate Disaster Relief25%

    Infrastructure Development25%

    Healthcare and Education25%

    World Bank sector allocation reports

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