Middle East Economic Survey
VOL. XLVII
No 32
09-August-2004
ENERGY FINANCE
World Bank Group To Continue Financing Extractive Industries
The Board of the World Bank Group announced on 3 August that it would continue investments in oil, gas and mining production, despite recommendations made earlier this year that it stop doing so on the grounds that these projects did little to avert poverty, help the local communities and were damaging to the environment. The board said that it would continue to...
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