World Bank President Ajay Banga looks on, on the day of a task force meeting of the Global Alliance against Hunger and Poverty in Rio de Janeiro, Brazil, July 24, 2024. REUTERS/Tita Barros/File Photo
SUVA (Reuters) - The World Bank's board has approved a $68 million programme to prevent Pacific Island nations from being cut off from the international financial system that underpins tourism, trade and aid flows, the lender's President Ajay Banga said on Thursday.
Access to the global financial system is paramount for several small island economies at risk of losing access to U.S. dollars and euros as Western banks exit the region.
