World Bank eyes speeding up loan approvals amid bold overhaul
The World Bank aims to speed up the disbursement of loans by one third in as little as two years, a key pillar of an overhaul that aims to make the development organization more effective. "We did not pin an exact date, but we will be looking to reduce by a third over perhaps a couple of years," said Ed Mountfield, Vice President for Operations Policy and Country Services at the World Bank, in an interview with Reuters in London. "We need to find ways to go faster, both looking at our own red ta
Source: aol.com
