World Bank's Banga sets goal of quintupling critical minerals financing in five years

Business Recorder • Oct 16, 2026

BANGKOK: World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business ​in five years, and has identified 20 countries that it ‌can partner with on critical minerals development projects. Ba...

BANGKOK: World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business ​in five years, and has identified 20 countries that it ‌can partner with on critical minerals development projects. Banga revealed the new goal in prepared remarks to a plenary session at the International Monetary Fund and World Bank ​annual meetings in Bangkok. “In critical m...