Advocates criticize the World Bank Group’s board for overruling its accountability mechanism after an investigation found IFC investments in Cambodian microfinance institutions violated sustainability rules and enabled harmful lending practices.
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Opinion: At the World Bank, “Efficiency” is Code for “Weak Accountability”
Advocates challenge World Bank accountability after findings on Cambodian microfinance investments.
Advocates criticize the World Bank Group’s board for overruling its accountability mechanism after an investigation found IFC investments in Cambodian microfinance institutions violated sustainability rules and enabled harmful lending practices.
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