🕌 Middle East
2d ago
World Bank could mobilize at least $20 billion in post-war support, Bloomberg news reports
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April 9 (Reuters) - The World Bank Groupcould mobilize $20billion to $25 billion in rapid financing to countries grappling with the economic fallout of the war in Iran, Bloomberg News reported on Thursday, citing World Bank President Ajay Banga.If the conflict persists, the World Bank is trying to see if it can get another $50billionto $60billionin capacity to help, Banga told Bloomberg Television. Any World Bank support would add to that from the International Monetary Fund. (Reporting by Fabio
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