In a Shift, the World Bank’s Next Likely President Is Facing 2 Rivals
From left, Brendan Smialowski/AFP-Getty; Siphiwe Sibeko/Reuters; David Mercado/Reuters From left, Jim Yong Kim of Dartmouth College, expected to head the bank; Ngozi Okonjo-Iweala, Nigeria’s finance minister; and José Antonio Ocampo, the former Colombian finance minister. By ANNIE LOWREY WASHINGTON — For the first time, the World Bank is considering more than one candidate for its [...]
Bangladeshshould keep tightening monetary policy to fight inflation pressures, the International Monetary Fund(IMF) says as it warned that increased government borrowing would fuel inflation in future. It also asked the government to contain subsidy costs to have more space for spending in social and annual development programs and recommended raising fuel and electricity price gradually [...]
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