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Outgoing World Bank chief makes poverty statement

Private ownership around the world is key to easing poverty, outgoing World Bank President James Wolfensohn said as he toured the Pine Ridge Reservation, one of the poorest areas in the US.

Outgoing World Bank chief makes poverty statement

Mon, 04 Apr, 2005 - 08:18

Private ownership around the world is key to easing poverty, outgoing World Bank President James Wolfensohn said as he toured the Pine Ridge Reservation, one of the poorest areas in the US.

His visit coincides with the creation of the Global Facilities Fund for Indigenous Peoples, an international loan program.

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