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Biden to announce ‘historic’ pledge to World Bank fund for poorest countries, advisor says

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U.S. President Joe Biden speaks at an event, with American flags displayed on a panel behind him.
FILE PHOTO: Biden to announce 'historic' pledge to World Bank fund for poorest countries. U.S. President Joe Biden speaks during an event on the day he meets with President-elect Donald Trump at the White House in Washington, U.S., November 13, 2024. REUTERS/Hannah McKay/File Photo

RIO DE JANEIRO (Reuters) – U.S. President Joe Biden is set to announce a ‘historic’ pledge to replenish the World Bank’s International Development Association fund aimed at the world’s poorest countries, U.S. deputy national security advisor Jonathan Finer said on Monday.

Finer told reporters at a briefing on the G20 summit in Rio de Janeiro that Biden will also launch a bilateral clean energy partnership when he meets Brazilian President Luiz Inacio Lula da Silva on Tuesday.

(Reporting by Jarrett Renshaw; Editing by Toby Chopra)

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