Monday, February 13, 2012


World Bank Stresses Accountability, Transparency

Paul Wolfowitz (file photo) (AFP)

September 18, 2006 -- World Bank President Paul Wolfowitz says accountability and transparency are essential to accelerating economic growth and fighting poverty.

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Since Wolfowitz took over as president last year, the World Bank has suspended more than $1 billion in funding for projects in Africa and Asia because of allegations of corruption.


Wolfowitz was speaking today in Singapore, a day before the annual meeting of the International Monetary Fund and the World Bank.


(AP)

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