The World Bank said in a report Tuesday that Most poor countries
are unprepared for the Y2K problems. They fear they might have
trouble obtaining food, health care and electricity. They sited
as the worst place were in sub-Sahara Africa, but countries in
Asia, Latin America and the former Soviet Union also could be
hard hit. Joyce Amenta, the bank's leading Y2K specialist, said
''There is no consensus on how bad the Year 2000 problem will
be or how much it will cost to fix,'' She continued with ''What
we do know is that most developing countries are unprepared.''
The World Bank officials said that they expect US representatives
will call for increased international cooperation at World Economic
Forum in Davos, Switzerland, next Monday. This may come in the
form of money to support a Y2K International Cooperation Center.
Already, the World Bank has lent $30 million to Argentina for
Y2K preparation and approved $29 million for Sri Lanka last week.
Other loans are being reviewed also.
This problem is not starting to take front page around the world
see today's USA
TODAY
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