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World Bank president cautions against hasty reaction to Trump policies

  • World Bank President Ajay Banga advised against hasty reactions to US President Donald Trump's policies, stating, "My only advice to everyone is don't be in too much of a hurry to respond or judge."
  • The US and Colombia avoided a trade war after Colombia agreed to accept military aircraft carrying deported migrants, as reported by the White House.
  • Banga mentioned that the World Bank was "not yet" affected by the US State Department's stop-work order on foreign assistance, as it operates differently from bilateral aid.
  • Banga confirmed that World Bank employees would return to the office four days a week, with no plans to change this mandate to five days.
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Business Recorder broke the news in on Monday, January 27, 2025.
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