US Says Main Goal at G20 Is to Help Reshape Multilateral Banks Like IMF, World Bank – Top Speed News

The US wants the G20 countries to help reshape and scale up multilateral development banks like the International Monetary Fund and the World Bank, a top White House official has said. White House National Security Council Coordinator for Strategic Communication John Kirby said on Wednesday the US will make it clear during President Joe Biden’s…

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World Bank Pauses New Loans to Uganda Over Anti-Gay Law – Top Speed News

Last Updated: August 09, 2023, 09:13 IST Washington D.C., United States of America (USA) The World Bank is pausing approval for new public finance projects in Uganda over the country’s adoption earlier this year of a widely criticized bill criminalizing same-sex conduct. “Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values,” the development lender…

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