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Published 26 Aug, 2016 06:41am

US nominates Kim for WB second term

WASHINGTON: The United States on Thursday threw its support behind World Bank chief Jim Yong Kim for a second term at the helm of the multilateral development lender.

“I am proud to announce that today the United States has nominated World Bank President Jim Kim for a second term,” said US Treasury Secretary Jacob Lew in a statement.

“President Kim has used his first term to focus the World Bank on effectively addressing today’s most pressing global development challenges in innovative ways, from ending extreme poverty and tackling inequality, to combating climate change,” Lew said.

The Treasury secretary also praised Kim’s leadership of the 189-nation institution in responding to major crises, including battling the Ebola pandemic and addressing the refugee crisis.

Published in Dawn, August 26th, 2016

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