Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 360 Thu. June 02, 2005  
   
Business


Wolfowitz takes World Bank helm


Paul Wolfowitz became World Bank president yesterday and said his agenda would focus on Africa, tackling corruption and making poor countries feel less sidelined in the bank's decisions.

In his first briefing with reporters since he was confirmed unanimously in March, the former US deputy defence secretary said he did not plan an organisational makeover.

The development bank was in "great shape," he declared, with a mission clearly trained on tackling global poverty.

Wolfowitz takes the reins of the globe's premier lender to impoverished countries despite widespread criticism of his role as the architect of the US war in Iraq.

He quieted his critics by inviting them to meet with him and even handed out his e-mail to staff members still uneasy about their new boss.

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