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World Bank's Kim Announces $100 Billion in Increased Lending Capacity

April 1, 2014

World Bank Group President Jim Yong Kim announces a series of measures aimed at strengthening the World Bank Group's mission to end extreme poverty -- including a $100 billion increase in the lending capacity to middle-income countries over the next decade. Kim spoke at the Council on Foreign Relations in Washington in advance of the World Bank/IMF 2014 Spring Meetings. Watch highlights of his speech.