PG Game
Nine of a family feared kidnapped in riverine area
字号+ Author: Source:PG Game 2025-01-16 01:10:41 I want to comment(0)
WASHINGTON: “Economic upheavals of a magnitude previously associated only with major wars and depres
WASHINGTON: “Economic upheavals of a magnitude previously associated only with major wars and depressions” have forced a billion of the world’s poorest people to face a “desperate” future, the President of the World Bank, Robert S. McNamara warned today [Sept 30]. Addressing the joint annual meeting of the World Bank and International Monetary Fund, Mr. McNamara added that the consequences of a continual rise in prices and drop in foreign assistance on those whom he termed “marginal men” could only be described as “appalling”. Describing the plight of the poorest member nations of his 125-member institution, Mr. McNamara said: “Almost every element in the current situation has worked to their disadvantage, and has been compounded even further for many … by natural disasters. … These countries, then need additional assistance on concessionary terms, and they need it promptly. … He urged the wealthy nations to “get on” with the development task, and to be generous too in doing so for the poorest countries. … He said “I believe the World Bank group must expand its lending to the maximum permitted by prudent financial management and the availability of funds.” — News agencies
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Forever in fervour
2025-01-16 01:10
-
Lebanon official says strikes hit south Beirut as Israel orders evacuation
2025-01-16 01:03
-
Power protests cause traffic jams on major Peshawar roads
2025-01-16 00:47
-
Police command structure
2025-01-16 00:40
User Reviews
Recommended Reads
Hot Information
- Over 30,000 crossed into Syria from Lebanon in past days, says UN
- Losing talent to AI
- PMDC seeks imposition of Section 144 for MDCAT tomorrow
- The mess on University Road is seemingly never-ending
- Massive protests held in Yemen, Bahrain against Israeli attacks on Gaza, Lebanon
- IO being probed in Azma case, FIA DG tells LHC
- Country’s ‘biggest’ pilot project for shrimp farming launched
- Floods sweep away homes in Japan’s quake-hit region
- World wants ceasefire along Israel-Lebanon border, Blinken says
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content