U.S. backs re-election of Kim as World Bank chief

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02:36 26 Aug 2016

WASHINGTON, Aug. 25, Kyodo

The United States on Thursday voiced support for a re-election of Jim Yong Kim as boss of a World Bank, augmenting a odds that he will win his second five-year tenure starting subsequent July.

Treasury Secretary Jacob Lew hailed Kim’s initiatives during his initial tenure in “effectively addressing today’s many dire tellurian growth hurdles in innovative ways, from finale impassioned misery and rebellious inequality, to combating meridian change.”

The subsidy of a United States, a largest shareholder in a 189-member growth institution, creates it increasingly expected that Kim will be tapped for a second term.

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