Germany backs US nominee Jim Yong Kim for second term as World Bank president

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Berlin | Published: September 5, 2016 4:37:53 PM

Germany backed the US nominee, Jim Yong Kim, for a second five-year term as World Bank President, a German government spokeswoman said on Monday.

"World Bank President Kim has done excellent work, including in the bank's contributions in areas such as financing of climate protection, prevention of pandemics and in support of countries that are taking in Syria refugees," she said. (Reuters)“World Bank President Kim has done excellent work, including in the bank’s contributions in areas such as financing of climate protection, prevention of pandemics and in support of countries that are taking in Syria refugees,” she said. (Reuters)

Germany backed the US nominee, Jim Yong Kim, for a second five-year term as World Bank President, a German government spokeswoman said on Monday.

His term ends on June 30, 2017.

Ulrike Demmer told a regular government news conference that Germany would be pleased if Kim could continue in his position.

“World Bank President Kim has done excellent work, including in the bank’s contributions in areas such as financing of climate protection, prevention of pandemics and in support of countries that are taking in Syria refugees,” she said.

Germany is a major shareholder in the Washington-based multinational development lender.

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