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The World Bank said Thursday that 48 governments have ratcheted up the fight against extreme poverty by committing $75 billion in new funds to the International Development Association, the bank's fund for the poorest countries.It also will help promote better governance and institution building and economic development, areas that the World Bank has targeted for the next three years.The World Bank said the latest replenishment, which runs from July 1, 2017, to June 30, 2020, will support health and nutrition services for up to 400 million people, water improvements for up to 45 million people and safe childbirth for up to 11 million women.
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