Announcing the appointment of Isabel Guerrero, a Chilean national who recently was the World Bank’s country director for Mexico and Columbia, as the new country director of India, Praful C. Patel, Regional Vice President for South Asia projected the eradication of the worst form of poverty - typically a family of subsisting under USD 1 a day - by 2015. Talking about World Bank lending Patel said: ?The Bank’s program in India is estimated to increase from its current annual average of USD 2.5 billion to an average of USD 4 billion over the next three years.? (Indian Express)

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