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World Bank aims to double private capital after record $112 billion

World 5 sources 5 countries 34m ago

The World Bank has announced a strategic goal to double its mobilization of private capital following a record-breaking fiscal period in which it secured $112 billion in private investment. This initiative marks a significant effort by the institution to increase the scale of private sector involvement in its development financing projects.

The move underscores the World Bank's ongoing transition toward leveraging private funds to address global development challenges. By building on the momentum of the $112 billion milestone, the organization aims to further expand its financial impact and capacity to support international economic growth.

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Read the full story at the source russiaherald.com · RUSSIA
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