World Bank 'too strict'
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Global finance ministers attack the World Bank for being too strict on corruption in poorer nations.
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SINGAPORE, Sept. 16 -- The chiefs of the World Bank and the International Monetary Fund, here for a gathering of financial leaders, sharply rebuked the host government on Friday for barring the entry of 27 accredited members of anti-poverty and environmental organizations. They accused Singapore of...
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The World Bank approves $200m for infrastructure projects in Argentina, but  demands that the country complete restructuring its defaulted debt.
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World Bank President Paul Wolfowitz   on Friday called Singapore's restrictions on the entry of   activists for the World Bank/IMF meetings "authoritarian," and   said the city-state had damaged its own reputation.
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The British government said it will now give the World Bank 50 million pounds (74 million euros, 99 million dollars) it had frozen in a dispute over conditions linked to aid for developing nations.
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Stricter planning controls are needed if flood insurance is to remain widely available, says the main insurance body.
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The United Nations Conference on Trade and Development (UNCTAD) 2004 report on economic development in Africa has criticised the eligibility and debt sustainability criteria of the HIPC initiative, saying they are arbitrary and lacks objectivity.
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African economies face a daunting challenge to catch up with the rest of the world after missing out on two decades of growth, a new report by the World Bank has said.
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The UK is withholding Â£50m from the World Bank in protest at the way it fights corruption, ministers say.
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Â· Conditional support excludes right to vetoÂ· PM also calls for reform of World Bank and IMF
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A new World Bank report accuses African governments of strangling business through red tape.
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The UK is withholding Â£50m from the World Bank in protest at the way it fights corruption, the government says.
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Red tape, corruption and a lack of public support for government policies are hampering investment in the poorest countries, a report from the World Bank revealed yesterday.
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Can 'unsettle a country's foundations'
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SINGAPORE -- The leaders of the World Bank and the International Monetary Fund, meeting here for a gathering of financial leaders, sharply rebuked the host government yesterday for barring the entry of 27 accredited members of antipoverty and environmental organizations. They accused Singapore of breaking an agreement to open its doors.
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Divisions over the World Bank's   handling of corruption burst into the open on Monday ahead of a   vote on governance reforms likely to expose deep fault lines at   the bank's sister agency, the International Monetary Fund.
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A diamond industry watchdog calls for stricter controls on gemstone exports from the Democratic Republic of Congo.