The U.S. has worked closely with the World Bank head Ajay Banja and through the G-7's Project on Global Infrastructure Investment to expand capacity for capital mobilization in developing countries.

factualpending

Speaker

Jake Sullivan

Evidence Quote

we have worked very closely with the new head of the World Bank—who President Biden, you know, played an active role in helping get into the job, Ajay Banja—in trying to expand the World Bank's capacity to do this. We've worked with the G-7 through PGI, the Project on Global Infrastructure Investment, to do this.

Source

The Future of U.S.-China RelationsCouncil on Foreign Relations
Created: 8/12/2026, 6:11:50 PM

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