Game
2 arrested in Sialkot
字号+ Author: Source:PG Game 2025-01-16 09:05:15 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
-
TLP leader booked over Umerkot doctor’s murder gets protective bail
2025-01-16 09:03
-
Japan sends military planes to evacuate its citizens from Lebanon
2025-01-16 08:54
-
Lahore, Rawalpindi districts: Children missed in polio drives result in positive samples
2025-01-16 07:16
-
3 new polio cases take current year’s total to 21: NEOC
2025-01-16 07:05
User Reviews
Recommended Reads
Hot Information
- Israel says hit dozens of Hezbollah targets in south Lebanon
- A serious blow
- Normalising violence
- Brother claims police raided Saleh Bhootani’s house in DHA
- A power sector malady
- Israeli airstrikes rock Beirut; Hezbollah command centre reportedly hit
- Artistic injustice
- SMOKERS’ CORNER: THE PARADOX OF TOLERANCE
- Clinical SA women down Pakistan in final T20 to take series
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content