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Friday, June 4, 2021

World Bank Pauses $140 Million in Payments to Mali as it ‘Assesses the Situation’ After Coup

While Africa has long depended on Bretton Woods-era Western financial institutions to provide them much-needed financing, albeit with steep interest rates and neoliberal economic reforms, in recent years China has become the continent’s largest bilateral lender while lacking the same ideological baggage.

from Sputnik News - World News, Breaking News & Top Stories https://ift.tt/34LKUWz

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