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World Bank: Poor Face Long Recovery

Source: Washington Post

Washington : DC : USA | 2 months ago

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In a paper prepared for the meeting of the Group of 20 nations next week in Pittsburgh, the bank said the sharp drop in trade, remittances, tourism and capital flows caused by the global downturn has forced governments in the poorest nations to cut spending in such critical areas as education, health...

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News Stories

Wall Street Journal: G-20 Countries Urged to Aid Poor

News Source: Androscoggin News | 2 months ago

Group of 20 nations emerging from recession shouldn't forget poorer countries, which face funding needs of $11.6 billion just to maintain spending on basic services such as health and education, the World Bank said Wednesday. In a report prepared for...
Reuters, UK: Don't leave poor behind, World Bank chief tells G20

News Source: Uinta County News | 2 months ago

World Bank President Robert Zoellick on Wednesday called on Group of 20 leaders, meeting in Pittsburgh next week, not to leave the poorest countries behind as they focus on ways to keep the global recovery going. A new World Bank report shows that...
FINANCE: World Bank, NGOs Exhort G20 Not to Forget the Poorest

News Source: Inter Press Service | 2 months ago

The World Bank and major non-governmental organisations (NGOs) are calling on leaders who will gather for next week's Group of 20 (G20) Summit in Pittsburgh not to forget the needs of the world's poorest countries, which have been severely affected...
World Bank urges G20 to step up aid to poor countries (AFP)

News Source: Xtra News | 2 months ago

The World Bank Wednesday urged the Group of 20 nations to step up aid to the poorest countries, saying they lack 11.6 billion dollars for critical spending to weather the global economic crisis . World Bank president Robert Zoellick warned that...
World Bank: Poor Face Long Recovery

News Source: Washington Post | 2 months ago

In a paper prepared for the meeting of the Group of 20 nations next week in Pittsburgh, the bank said the sharp drop in trade, remittances, tourism and capital flows caused by the global downturn has forced governments in the poorest nations to cut...
New York Times: Poor Face Long Recovery From Recession: World Bank

News Source: Uinta County News | 2 months ago

More than 40 poor countries are still mired in an economic downturn and are struggling to finance key needs like health and education despite signs of economic recovery in other industrial and emerging nations, the World Bank said in a report on...