The World Bank president said Tuesday that President Trump understands the value of international financial institutions.
Washington:
World Bank President Ajay Banga said Tuesday that former President Donald Trump understands the value of international financial institutions and how their loans can expand markets for American companies abroad.
Asked about the potential impact on the World Bank if Trump, who has criticized multilateral institutions and efforts to tackle climate change, wins the Nov. 5 presidential election, Banga sounded optimistic. Ta.
“President Trump is the one who actually approved a capital increase for the IBRD (International Bank for Reconstruction and Development) while he was in office,” Banga said. “At the end of the day, he understands what he’s trying to do and the value of the administration’s policies.”
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