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World Bank Worries Over Budget Cuts After $24B Mishap, Trump Win

November 16, 2024

In light of President-elect Donald Trump’s commitment to trim US government expenditure, the World Bank, currently under investigation for the misplacement of $24 billion in climate funds, is bracing for substantial budget reductions.

In light of President-elect Donald Trump’s commitment to trim US government expenditure, the World Bank, currently under investigation for the misplacement of $24 billion in climate funds, is bracing for substantial budget reductions.
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