But, instead of a success story, Mr. Wolfowitz might learn that many Liberians think that the World Bank is not a philanthropic institution created to fight poverty. In less than three days, the World Bank, again, came under fire from the most powerful Ghanaian, President Nana Akufo-Addo. That is what they were hired to do...”Mr. Zaza did not end his inquiry of the World Bank. However, unlike credit card or bank overdraft, where the beneficiary does not increase his/her assets, the Guidelines of the World Bank permit a borrowing country to overstate its assets by including SDRs. Subsequent to Mr. Zaza’s presentation, Mr. Emmanuel Feuderthal and Alloycious David, in a December, 17 2017 article, identified the World Bank as a greedy investor, according to Reuters.

Source: Front Page Africa February 22, 2018 02:03 UTC