WB president nominee backs debt relief for poor countries

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World Bank president, Ajay Banga. FILE PHOTO | AFP

Ajay Banga, the United States nominee to the World Bank president post has backed the G20 Common Framework to hand relief to countries with heavy debt burdens such as Kenya.

Banga who has been on a tour of World Bank member countries made a stop in Nairobi on Wednesday where he was expected to meet Kenyan authorities including officials from the National Treasury and the Central Bank of Kenya (CBK).

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