World Bank's record pledge
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The World Bank promises to donate a record $3.5bn to the world's poorest countries as it cuts the charges on its loans.
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Sir Richard BransonÂs pledge, estimated at $3 billion, appeared to be the largest individual commitment of money aimed at avoiding climate change.
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Forty-five rich and middle-income nations agreed yesterday to provide a record $25.1 billion to the World Bank for generous-term loans and grants to the world's poorest countries. But for the first time since Dwight D. Eisenhower pushed for the creation of the bank's arm for helping the poorest of...
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World donors pledged $500 million in aid for Palestinians on Friday, including $55 million for a U.N. emergency appeal for humanitarian help, organizers said.
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JERUSALEM -- The United Nations will ask donor countries to contribute a record $450 million in aid to the Palestinians, whose economy has been devastated by international economic sanctions on the Hamas-led government, UN officials said yesterday. The huge aid request is being made as poverty and unemployment have exploded throughout Gaza and the West Bank, and the Palestinian health ...
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The World Bank released its annual report on global economic prospects saying developing countries will register growth of 6.1% this year and just above 5% in 2005 and 2006.
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"Education is the starting point for autonomous and sustainable development"  VATICAN CITY, June 6 Pope Benedict XVI took time from his weekly general audience Wednesday to ask Group of Eight members to keep promises of increased aid to Africa. via Earth Times
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The World Bank said on Friday it had raised a total of $41.6 billion in funds to help around 80 poor countries with grants and loans through June 2011, an increase of $9.5 billion over the previous funding period.
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Fighting corruption was to top the agenda for a meeting of the World Bank's policy-setting panel on Monday, President Paul Wolfowitz said, insisting bad governance was the biggest obstacle to reduction in poverty.
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Sir Richard BransonÂs pledge, estimated at $3 billion, appeared to be the largest individual commitment of money made to avert climate change.
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The United Nations said that aid promised from around the world in response to Asia's tsunami disaster was now up to four billion dollars, as Australia, Germany and the IMF pledged yet more cash ahead of a key donors' conference.
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The United Nations called on donors Tuesday to set a record by meeting in full its &#36;1.0 billion appeal for immediate aid to victims of Asia's tsunami, and pledged to be open about how the money was spent.
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The Bill & Melinda Gates Foundation on Monday pledged $83.5 million to fight malaria by paying for better controls, vaccine research and prevention of a disease that kills more than a million people a year.
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The World Bank under Paul Wolfowitz's leadership provided $34.3 billion in loans, grants, equity investments and guarantees to developing countries in fiscal 2007, $2.7 billion more than in 2006, the lender said on Tuesday.
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The Bill & Melinda Gates Foundation on  Monday pledged $83.5 million to fight malaria by paying for  better controls, vaccine research and prevention of a disease  that kills more than a million people a year.
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The World Bank on Thursday  offered $250 million for tsunami relief, bringing total aid  contributions from around the world to nearly $500 million, the  United Nations said.
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African nations have taken big  strides in reducing corruption over the past 10 years, the World Bank says.