Loading...
Loading...
Loading...

The World Bank paper at the centre of a controversy. | SMN News

February 21, 2020

The World Bank paper at the centre of a controversy. | SMN News
Loading...

Newsletter info ( https://www.ft.com/content/ad264511-9603-4651-9b73-cc5ef469dfe3)

The financial institution responsible for development aid to the poorest countries has tried to censor an internal publication with thunderous conclusions.

Loading...

"Misappropriation of foreign aid by elites. Proof of offshore bank accounts", the publication questions the effectiveness of the World Bank’s action. Development aid payments from the international financial institution fuel part of the corruption of poor countries. For the benefit of Western financial centers - and therefore for the benefit of richer countries.

The World Bank tried to censor the study
The "Elite Capture of Foreign Aid" study in question successfully passed an


To read more: http://www.smn-news.com/st-maarten-st-martin-news/33983-the-world-bank-paper-at-the-centre-of-a-controversy.html

Source: https://www.sxm-talks.com/st-martin-news-network/the-world-bank-paper-at-the-centre-of-a-controversy-smn-news/

Loading...

Headlines

Approx. $53 million budgeted  for new Pointe Blanche Prison | The Daily Herald

August 19, 2026

Approx. $53 million budgeted for new Pointe Blanche Prison | The Daily Herald

Artist’s impression PHILIPSBURG--Construction of the new Pointe Blanche prison began in January 2026 and is expected to be completed by July 2028, according to Minister of Justice Nathalie Tackling. The project is being implemented through the United Nations Office for Project...

August 18, 2026

WIB Supports Playground Upgrade at Raoul Illidge Sports Complex | The Peoples Tribune

GREAT BAY--The Windward Islands Bank, WIB, has supported the upgrade of the playground at the Raoul Illidge Sports Complex as part of its continued commitment to corporate social responsibility and investment in children, families and healthy communities across St. Maarten. Th...

August 18, 2026

TEATT shifts more tourism funding to Expedia | The Peoples Tribune

GREAT BAY--The Ministry of Tourism, Economic Affairs, Transport and Telecommunication, TEATT, is directing more of St. Maarten’s tourism promotion budget toward online travel agency campaigns after previous Expedia marketing generated more than US $38 million in tracked bookin...

Loading...
Loading...
Loading...