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World Bank: $52 Billion Pledged to World's Poorest

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Rich and emerging-market nations agreed to commit a record $52 billion over three years to a World Bank fund to aid the world's poorest countries, the bank said on Tuesday.   The figure marks an increase of about 5 percent from the last time the International Development Association, or IDA, was topped up in 2010.   “The fact that this generosity came during a very difficult economic period makes this pledge all the more significant,” World Bank President Jim...

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