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World Bank President Urges More Support for Fragile Countries, End to U.S. Deadlock

October 15, 2013

World Bank Group President Jim Yong Kim restated the Bank's commitment to end extreme poverty by 2030 and boost shared prosperity in developing countries. At a press conference marking the close of this year's World Bank Group/IMF Annual Meetings, Kim also warned that a U.S. debt default could have serious consequences for developing countries and could affect developed economies as well.