World Bank Explores Securitization to Accelerate the Pace of Project Development

Ajay Banga, President of the World Bank Group, spoke about a plan to securitize some of the loans on its balance sheet financing projects in the some of the poorest nations. The plan would bring more private capital into the developing world and allow the World Bank to fund more projects at a faster pace. The plan is also meant to lower the interest expense for poorer nations. 

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