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The Bank’s campaign to rally private money for infra and lopsided risk allocation has failed to mobilise funds for developing countries, and offers little help for building back better, Motoko Aizawa and Howard Mann argue.
The organisation will also consider co-investing an additional $50m alongside the fund on a deal-by-deal basis.
Moody´s warns about the lack of transparency and the possible impact of a debt burden on member countries.