12-04-2016 18:51 via news.yahoo.com

Development banks could pump $1 trillion into global growth drive - S&P

By Marc Jones LONDON (Reuters) - The world's top development banks and multilateral lenders could pump an additional $1 trillion into the global economy without negatively impacting their ratings, Standard and Poor's estimated on Tuesday. Policymakers are expected to back a renewed push for global growth at the International Monetary Fund's spring meetings this week and development banks have been cited as one of the channels that could provide support by upping their lending. S&P said it ha
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