Wolfowitz, 61, is considered a leader of the US 'neo-conservatives' who pushed for war in Iraq and have argued that building a democracy there would spread reform throughout the Middle East, drying up support for extremist violence.
Last week, the lobby group co-founded by U2 lead singer Bono knocked down media reports that he was a serious contender to head the global institution that provides billions of dollars annually to help the world's poorest countries.
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