
United States· Ajay BangaWorld Bank Group Updates Country Income Classifications
The World Bank Group annually updates its country income classifications based on gross national income per capita, categorizing economies into low, lower-middle, upper-middle, and high-income groups.
Public figures · stances & shifts
Ajay Banga
President of the World Bank · World Bank · United States
on World Bank Group Country Income Classifications
Supports Classification System: Ajay Banga supports the World Bank's country income classifications, noting the positive economic progress of several nations moving into higher income categories.
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