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Tag Archives: loans

Why Is the World Bank Still Lending to China?

Yukon Huang   The World Bank’s proposal in early December to continue lending to China triggered concern within Washington’s political circles that such activities should cease. Last year, as the U.S Treasury undersecretary, David Malpass also questioned why the World Bank was still lending to China, though his views have …

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Egypt’s three year plan to revive the economy

Egypt has an ambitious three-year reform plan that, with foreign help, can revive its struggling economy, the minister of international cooperation told AFP. In an interview, Sahar Nasr said the “three-year strategy” will lead to a return of investments, boost industrial production and create jobs. It comes as Egypt faces not only falling …

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