World Bank
More countries to join BRICS-led AIIB
30 Mar 2015
As the joining deadline of 31 March draws near, more nations are committing to join the BRICS-backed Asian Infrastructure Investment Bank, despite US criticism and the belief that it will be a competitor to the World Bank and the Asian Development Bank
World Bank, IMF welcome China’s AIIB plan
23 Mar 2015
Allaying fears that the new bank will be a competitor to the World Bank, the IMF or existing regional development banks, World Bank managing director Mulyani Indrawati says that the global need of infrastructure is huge and the market is large enough