United States Treasury Secretary Janet Yellen piled more pressure on the World Bank to enact reforms aimed at lending countries more money to address climate change, pandemics, and other global concerns, even as she praised progress in the months since she launched a campaign to overhaul the anti-poverty lender.
“We have begun the evolution of the World Bank,” Yellen said in a speech Thursday. “We have made real progress over the past four months.”
She said the regional development banks would come under scrutiny next.
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
About the author
Shabtai Gold
Shabtai Gold is a Senior Reporter based in Washington. He covers multilateral development banks, with a focus on the World Bank, along with trends in development finance. Prior to Devex, he worked for the German Press Agency, dpa, for more than a decade, with stints in Africa, Europe, and the Middle East, before relocating to Washington to cover politics and business.
