Economy
February 25, 2023
8 views 47 secs 0

Ajay Banga: The US nominee for World Bank president

The Biden administration has nominated Ajay Banga as the U.S. candidate for World Bank president, signaling their belief that the Bank should scale up financial support to all clients, develop a new growth vision, and support national governments in developing cooperative multilateral partnerships with other official financing institutions and private investors. As the next president, […]

Economy
February 24, 2023
3 views 34 secs 0

Biden nominates former MasterCard chief Banga to head World Bank

President Joe Biden has nominated Indian-American business executive Ajay Banga to become the next president of the World Bank. Banga’s nomination is a major step towards diversifying the World Bank’s leadership and bringing together public and private resources to tackle urgent challenges such as climate change. Biden praised Banga’s experience in forging public-private partnerships and […]