World Bank, resource firms seek better ties to poor


  • World
  • Tuesday, 20 Jun 2006

WASHINGTON (Reuters) - The World Bank's private-sector arm met with oil and mining industry officials and non-governmental organizations on Monday to improve community development in projects it funds in poor countries. 

International Finance Corp. investments from mines in Ghana and Guatemala to pipelines in Chad and Peru have come under fire for social and environmental problems. Critics say local consultations could have averted some problems. 

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