Sentence examples for new development bank from inspiring English sources

Who cares about a new development bank, you may ask?

It will help the private sector through a new development bank.

Why is China creating a new development bank for Asia China's official answer is that Asia has a massive infrastructure funding gap.

The Greek energy minister, Panagiotis Lafazanis, told agencies last week: "We secured decisive Russian support for Greece's request for participation in the new development bank of Brics countries".

Last Wednesday, Nicholas F. Brady, the Secretary of the Treasury, threatened not to join a new development bank for Eastern Europe if the Soviet Union stood to benefit.

Some of the steps were sensible and even admirable – seeking cooperation on a space programme; leading support for Beijing's new development bank in the face of churlish US opposition.

Alston also said that the advent of two rival development banks – the China-led Asian Infrastructure Investment Bank and the Brics' New Development Bank – could actually offer the World Bank an opportunity.

The World Bank's low standards have set a poor precedent for newer investment banks such as the Asia Infrastructure Investment Bank and the New Development Bank, the report continues.

The World Bank desperately fears losing its market share to the new kids on the development-finance block, including the New Development Bank launched by the BRICS nations this month.

Offered as an alternative to the World Bank and IMF, the New Development Bank proposed by China, Russia, India, Brazil and South Africa would emphasize sustainable development around the world without the punishing restrictions required by World Bank loans.

A New World's New Development Bank, with Nicholas Stern, Amar Bhattacharya, Mattia Romani, Project Syndicate, May 1 , 2013