G20: Joe Biden pledges record $4 billion to World Bank fund for poorest countries
- Posted on November 18, 2024
- By Business News Today
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G20: Joe Biden pledges record $4 billion to World Bank fund for poorest countries
President Biden pledged a record $4 billion to the World Bank's fund for the poorest countries, exceeding the previous U.S. contribution. The pledge, announced at the G20 summit, comes as the World Bank seeks a record replenishment for its International Development Association fund amid rising needs.