World Bank to Link Aid, Military Spending
WASHINGTON — 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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