Sport
ADR and justice
字号+ Author: Source:Game 2025-01-16 01:09:47 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
-
Three judicial officers penalised
2025-01-16 00:45
-
Asia’s oldest operating trams see slow death in India
2025-01-16 00:43
-
At war with itself
2025-01-16 00:10
-
The weekly weird
2025-01-15 23:07
User Reviews
Recommended Reads
Hot Information
- Monsoon rains exposed Pindi’s faulty drainage system
- 32 health facilities sealed in Buner
- Yousuf ‘voluntarily’ resigns from selection committee
- 9 Indian fishermen feared dead after trawler capsizes in Bay of Bengal
- Beyond words, celebrating sign language
- Two human traffickers arrested in Mardan
- Tens of thousands protest against Lebanon ‘bloodbath’ in Iran
- From TikTok to Hollywood: the irresistible rise of Khaby Lame
- CS suspends two municipal officers
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content