World Bank to Link Aid, Military Spending
The World Bank said Sunday it will assess military spending by 85 Third World countries when deciding how much to lend them in their battle against poverty.
The nations’ “non-productive” spending “such as military expenditures” will help determine the bank’s level of support, said a 16-page “Operational Directive” released by the bank.
The bank made clear that the amount of loans a country can expect is linked to the strength of its own effort to reduce poverty: greater commitment will get greater support, weaker commitment will get less support.
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