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Washington Notebook


Tensions at the World Bank - There are troubled waters at the World Bank, where the restructuring introduced by President Jim Yong Kim has met with strong resistance, along with weekly interruptions in work and employee assemblies. Kim intends to cut 500 jobs in the next three years and to reduce the budget by $400 million (nearly €320 million).

Tensions at the World Bank – There are troubled waters at the World Bank, where the restructuring introduced by President Jim Yong Kim has met with strong resistance, along with weekly interruptions in work and employee assemblies. Kim intends to cut 500 jobs in the next three years and to reduce the budget by $400 million (nearly €320 million).

 

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