Latest International Development Association Stories
THE HAGUE (Reuters) - World Bank President Paul Wolfowitz said on Monday he was optimistic that agreement would be reached soon on how to fund a plan to cancel the debts of the world's poorest countries.
By Lesley Wroughton and Sumeet Desai WASHINGTON (Reuters) - Group of Eight finance ministers on Friday reaffirmed their commitment to cancel the debts of impoverished countries, in a bid to ease concerns that the deal was about to unravel. U.S.
By Lesley Wroughton WASHINGTON (Reuters) - The World Bank is calling for substantial changes in the highly-touted debt relief proposal for poor African countries agreed to at last month's Group of Eight summit.