World bank president Ajay Banga outlines move to make World Bank 'better, bigger', calls for more capital from shareholders

World Bank President Ajay Banga has outlined steps to make the agency more focused on output and expand its capital base. These measures would allow the World Bank to provide an additional $150 billion in support over 10 years. The World Bank will also seek shareholder approval to expand its mandate to include combating climate change and addressing other public goods.

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