World Bank pledges $60 mln to help fill Gambia's empty coffers

World Bank pledges $  60 mln to help fill Gambia's empty coffersThe World Bank’s Vice President for Africa, Makhtar Diop, said on Saturday he had agreed to give Gambia $ 60 million in budget support after government allegations that former ruler Yahya Jammeh took tens of millions of dollars in public money, leaving it heavily indebted. Diop told reporters after meeting with the new government that he had pledged to give $ 40 million before June with the remainder to follow later. Jammeh fled into exile last month after regional leaders convinced him after marathon talks that he should accept defeat in a December election.

Yahoo News – Latest News & Headlines