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via finance.yahoo.comEconomy

World Bank chief outlines jobs-led development agenda

FROM THE WIRE · FINANCE.YAHOO.COM

Since taking over the World Bank in 2023, President Ajay Banga has led a push to focus on creating jobs as a means of fighting poverty (Lillian SUWANRUMPHA) World Bank President Ajay Banga laid out a vision on Friday for how his multilateral development giant should operate…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralGlobal development policy direction with indirect impact on emerging markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01President Ajay Banga outlined the World Bank's vision at the Bangkok Annual Meetings plenary.
  2. 02The primary focus is creating jobs and connecting private capital to developing nations.
  3. 03Banga cited an estimated shortfall of 800 million jobs in the developing world.

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