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Multilateral lenders, led by the World Bank, are set to boost support for the world’s poorest countries

Multilateral lenders like the World Bank are absolutely critical to the world’s poorest countries. Since its founding in 1960, the World Bank’s International Development Association (IDA), which serves these nations, has provided US$533 billion to 115 low-income countries. It has lifted entire communities out of poverty, protected children from disease, connected homes to electricity, and brought water access to villages. […]