World Bank – Infrastructure Financing Gap Endangers Development Goals

by Sabrina I. Pacifici on April 26, 2009

News release: “Throughout the developing world, infrastructure is improving living conditions and reducing poverty. But these life-changing investments are increasingly threatened as budgets shrink in the global financial crisis. The World Bank estimates all developing countries could face an infrastructure financing gap as high as $270 billion a year. Another $110 billion of privately financed projects could be delayed. About $70 billion worth of existing projects are at risk, according to Bank research.”

  • World Bank Group Sustainable Infrastructure Action Plan Website
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