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World Bank's Banga sets goal of quintupling critical minerals financing in five years
BANGKOK: World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business in five years, and has identified 20 countries that it can partner with on critical minerals development projects. Banga revealed the new goal in prepared remarks to a plenary session at the International Monetary Fund and World Bank annual meetings in Bangkok. “In critical minerals, we plan to quintuple our business in five years,” Banga said. “This week, we launched our first country compacts with MDB partners—to build local industries and keep mor...
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