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World Bank Chile loan drew criticism from congressman
Rep Henry Reuss urged World Bank President McNamara to testify on a 33 million loan to Chile's military government. He argued the economy is far worse than under Allende and accused the bank of political influence in supporting credit despite inflation, unemployment, and reduced social gains since the 1970s.
MENTIONED IN THIS ARTICLE
Washington
World Bank
Chile
Salvador Allende
House Banking Committee
Henry S Reuss
Robert S McNamara
Joint Economic Committees International Economics Subcommittee
McNamara
Reuss
Allende