Showing 1 ideas for tag "multilateral banks"

Department of State

Stop Sending $Billions in Foreign Aid to African Banks

Here is the exact wording from the 2011 budget:
"To Support the Poorest Populations Globally. The Multilateral Development Banks (MDBs) provide concessional financing to meet the needs of the poorest populations globally, including in fragile and post-conflict countries and in countries that have disproportionally felt the effects of the global financial crisis. The MDBs
play a particularly important role in regions... more »