World Bank Plan Targets $50 Billion Lending Boost Over 10 Years
- Plan to be weighed by board, readied for April Spring Meetings
- Lender would also incorporate sustainability in mission
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The World Bank is evaluating a plan that would boost lending by $50 billion over the next decade through changes to its rules, aiming to present it at the lender’s Spring Meetings next month, people familiar with the matter said.
The strategy is the biggest proposed deliverable from the first phase of the bank’s so-called evolution roadmap, according to the people who asked not to be identified because they don’t have permission to speak publicly.