Jim Yong Kim reappoints as World Bank President

Jim Yong Kim reappoints as World Bank President

Forex Rates Pakistan

WASHINGTON: The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second
term as president, the global lender announced Tuesday (Forex rates Pakistan).

Kim had been the only candidate in a process criticized by World Bank staff and campaigners as lacking
in transparency and dominated by the United States.

In a statement announcing the decision, the Bank’s board offered a strong endorsement of Kim’s record,
including setting the goal of eliminating extreme global poverty by 2030 and an internal reorganization to
promote better coordination which provoked staff dissent.

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