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A $1.9bn IMF loan for Tunisia is frozen, while the government has refused to implement fiscal reforms, leaving the country at risk of default unless it can continue to source finance from other lenders
Proper ministerial decision-making body would force countries to reach agreement
As president, Ajay Banga has given the World Bank the highest ambition and clear targets, but reality rarely cooperates. He is trying to drum up support from business and banks. This week in Washington, the Bank must convince wealthier countries to back its mission with more money — but runs the risk of the Annual Meetings being overshadowed by strife over conflicts in Ukraine and the Middle East
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