U.S. wants to see quicker progress on World Bank reforms- Yellen

LUSAKA, Jan 22 (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday said the United States wanted to see quicker progress on the World Bank’s plans for expanding its lending capacity to address climate change and other global crises.The World Bank’s “evolution roadmap”, reported by Reuters earlier this month, calls for the bank to negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools.It calls for World Bank management to develop specific proposals to change its mission, operating model and financial capacity that could be approved by the joint World …
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