World Bank 'pauses' lending to Honduras - Zoellick
WASHINGTON, June 30 (Reuters) - The World Bank has "paused" all program lending to Honduras following a military coup in the impoverished country, World Bank President Robert Zoellick said on Tuesday.
"We're working closely with the OAS (Organization of American States) and looking to the OAS to deal with its handling of the crisis under its democratic charter," Zoellick told reporters, "In the process we have put a pause with our lending." (Reporting by Lesley Wroughton; Editing by James Dalgleish)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.