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US Congress
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CGD NOTE
March 04, 2020
In May 2018, the shareholders of the International Finance Corporation (IFC)—the private sector arm of the World Bank—agreed to increase its paid-in capital by $5.5 billion as part of the $13 billion capital increase for the World Bank Group (WBG). The US administration agreed to the increase b...
Blog Post
December 20, 2019
In a flurry of activity, Congress completed its work on Fiscal Year (FY) 2020 spending bills just ahead of the holiday break. For the third year running, lawmakers rejected the steep cuts to foreign assistance proposed by the Trump administration, providing a modest increase in funding for developme...
Blog Post
November 04, 2019
Last week, the House Foreign Affairs Committee advanced the Keeping Girls in School Act, a bill that would authorize USAID to pursue innovative approaches to reduce barriers that keep adolescent girls from receiving a quality education. The act specifically identifies a list of fourte...
Blog Post
April 15, 2019
Chairwoman of the US House Committee on Financial Services Maxine Waters' recent intervention provides an opportunity for the Bank Group to rethink the Private Sector Window to better align with the International Finance Corporation’s 3.0 reform process, which was designed to inc...
