Reacting to the World Bank’s announcement that it had secured $49.3bn for its fund for the world’s poorest countries, the International Development Association (IDA), international development agency Oxfam welcomed the replenishment but called on the Bank to release detailed information about how it tracks and spends IDA money in poor countries.
Oxfam spokesperson Elizabeth Stuart said: “Donors must use this opportunity to flex their muscles and insist that the Bank show how and where its loans and grants make a difference to extreme poverty.”
See full Press Release.
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