Wb
World Bank adjusted its voting power structure, China's influence increased
April 26, 2010By William Ide The World Bank announced its passage on Sunday of what it calls a "historic" package of reforms at the end of key meetings of global finance leaders. The package includes a massive increase in capital for the institution, its...
EU May Grant $150 Million To Crisis-Hit Moldova
October 08, 2009An EU envoy says the European Commission could give Moldova at least 100 million euros ($147 million) to help it cover its growing budget deficit, RFE/RL's Moldovan Service reports. The announcement was made on October 7 in Chisinau by Wolfgang Behrendt...
IMF, WB revise loan conditions to support E.Europe through crisis
October 07, 2009By Ron Synovitz Russia said this week that it will not disburse the last $500 million tranche of a stabilization loan to Belarus and that it will not grant a $5 billion loan to Ukraine. Speaking in Istanbul at the start of the annual International...
Remittance flows expected to be down by -7.3% in 2009
July 14, 2009Remittance flows to developing countries are expected to be $304 billion in 2009, down from an estimated $328 billion in 2008, said the World Bank today, releasing a new migration and remittances brief to coincide with an International Diaspora and Development...
Moldova Targets Degradation of Roads to Boost Social and Economic Performance
March 30, 2007WASHINGTON, March 29, 2007 – The World Bank today approved a US$16.0 million Road Sector Program Support Project for Moldova under IDA credit terms. The project will assist the Government in reducing road transport costs for road users in Moldova...