https://www.cnbc.com/2020/11/26/former-world-bank-president-james-wolfensohn-dies-at-86.html
FINANCE: Learn from Cuba, Says World Bank
ByJim Lobe <http://www.ipsnews.net/author/jim-lobe/>Reprint
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Jim Lobe
WASHINGTON, May 1 2001 (IPS)- World Bank President James Wolfensohn
Monday extolled the Communist government of President Fidel Castro for
doing “a great job” in providing for the social welfare of the Cuban people.
His remarks followed Sunday’s publication of the Bank’s 2001 edition of
‘World Development Indicators’ (WDI) which showed Cuba as topping
virtually all other poor countries in health and education statistics.
It also showed that Havana has actually improved its performance in both
areas despite the continuation of the US trade embargo against it and
the end of Soviet aid and subsidies for the Caribbean island more than
ten years ago.
“Cuba has done a great job on education and health,” Wolfensohn told
reporters at the conclusion of the annual spring meetings of the Bank
and the International Monetary Fund (IMF). “They have done a good job,
and it does not embarrass me to admit it.”
http://www.ipsnews.net/2001/05/finance-learn-from-cuba-says-world-bank/
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