14.9.06

UK withholds World Bank donation



The UK is withholding £50m it had pledged to the World Bank in protest at conditions it attaches to aid.

International Development Secretary Hilary Benn voiced concerns that the Bank is telling poorer nations how to run their affairs.
In an effort to tackle corruption, the Bank has been demanding significant reforms in developing countries. Read more...

Source: BBC online- Thursday, 14 September 2006

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