Zimbabwe: IMF to Review Debt as Payments Fall Behind Oct 20, 2009
Observers say Zimbabwe has been a blend country of International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) for a number of years. Relevant Links. (allAfrica.com)
CEB, Kommunalbanken in local bond push Oct 8, 2009
Council of Europe Development Bank (CEB) on Thursday lined up with Norway's Kommunalbanken to launch new bond sales after the International Bank for Reconstruction and Development, or World Bank, on Wednesday sold a massive $1. 4 billion of bonds in two tranches. (Sydney Morning Herald -- Business)
Backgrounder: World Bank Oct 6, 2009
ISTANBUL, Oct. 6 (Xinhua) -- The World Bank is made up of two unique development institutions of 186 members -- the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but supportive role to advance the vision of an inclusive and sustainable globalization. (Xinhuanet, China)
Countries agree to keep WB funded Oct 6, 2009
The Bank has proposed a capital increase of between $3 billion to $5 billion for the International Bank for Reconstruction and Development, its lending arm for emerging and credit-worthy middle-income countries, ranging from China to Indonesia, Brazil, Mexico, Ukraine, Latvia and Nigeria. The least we can do at this stage is to agree to supporting a capital increase for IBRD, Indias Finance Minister Pranab Mukherjee told the gathering. (India Times)
WORLD BANK RUNNING OUT OF MONEY... Oct 4, 2009
The money would be shared between the International Bank for Reconstruction and Development the key part of the bank, which lends to poor nations and the International Financial Corporation (IFC), which lends to companies. Mr Zoellick said: We recognise that all countries are under budgetary strain and it is not an easy time to be asking for these things. (The Drudge Report)
World Bank unveils US$4.345b in loans to India Sep 23, 2009
com - World Bank unveils US#dollar;4. 345b in loans to India. (Channelnewsasia.com)
Road to Pittsburgh began in N.H. woods Aug 30, 2009
The other was the International Bank for Reconstruction and Development, a maker of long-term loans. Today it is called the World Bank. (Pittsburgh Post-Gazette, PA)
Zimbabwe: U.S. to Remove Sanctions Jun 6, 2009
Multilateral development banks referred to include the International Bank for Reconstruction and Development, International Development Association, International Finance Corporation, Inter-American Development Bank, the Asian Development Bank, the Inter-American Investment Corporation, the African Development Bank, African Development Fund, European Bank for Reconstruction and Development, and Multilateral Investment Guarantee Agency. The Multilateral Investment Guarantee Agency is important in... (allAfrica.com)
At Least an Additional U.S.$15 Billion to Respond to Financial Crisis in Africa May 12, 2009
0 billion to facilitate trade, strengthen the capital base of banks, improve infrastructure, increase microfinance lending, and promote agribusiness companies; The International Bank for Reconstruction and Development will front-load and fast-track its International Development Association commitments and increase access to funds for non-IDA countries; accelerate fund disbursements; launch a concessional window to finance high priority, high return infrastructure investments that facilitate... (allAfrica.com)
World Bank's Bonds Show What Happens When Big Governments Rush to Rescue May 4, 2009
The World Bank, whose projects now include financing AIDS prevention in Botswana and education reforms in Brazil, will more than double borrowings to as much as $35 billion this year to help provide food, health and education services through the International Bank for Reconstruction and Development, Richardson said. the banks president, recently announced plans for $100 billion of new loans over the next three years to relieve the recession. (Bloomberg)
Did Network Drink Wall Street Kool-Aid? Mar 15, 2009
He is also Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds, Chairman of the Thrift Depositor Protection Oversight Board, and serves as U.S. Governor of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, the African Development Bank, and the European Bank for Reconstruction and Development ... He is also Chairman of the Boards and Managing Trustee... (CBS News)
CBDT amends I-T rules for PF trusts Mar 15, 2009
The new pattern also allows these entities to park their funds to the tune of 40% in debt securities with maturity of not less than three years tenure issued by companies, banks and public financial institutions, term deposits of scheduled commercial banks and rupee bonds having an outstanding maturity of at least three years issued by multilateral institutions such as the International Bank for Reconstruction and Development, International Finance Corporation and the Asian Development Bank.... (India Times)
Press Release: Statement by IMF Managing Director Dominique Strauss-Kahn on the Joint Action Plan of the EBRD, EIB and World Bank Group for Eastern Europe Feb 28, 2009
The International Bank for Reconstruction and Development, the International Finance Corp. and the Multilateral Investment Guarantee Agency. IMF EXTERNAL RELATIONS DEPARTMENT. (IMF News)
Ghana At Fifty-Two (52) In Retrospect Feb 27, 2009
We cannot do without the twin-doctors of Brettonwoods the International Monetory Fund (IMF) and the International Bank for Reconstruction and Development also called the World Bank. Unemployment is on the ascendancy especially among the youth and the future seems to be uncertain for the youth because there are limited opportunities available. (Ghana Web, Ghana)
Nigeria in 'high exposure' category over global financial crisis Feb 16, 2009
To assuage the crisis, the World Bank said it had put in place other initiatives to assist developing countries including a substantial increase in lending by the International Bank for Reconstruction and Development (IBRD), adding that "IBRD could make new commitments of up to $100 billion over the next three years," such that this year's lending alone could triple to $35 billion. There will also be a fast-tracking of funds from the International Development Association (IDA). (Guardian News, Nigeria)
WB to offer up to $1.5 bln annually to China in coming 5 years Feb 8, 2009
5 billion US dollars in loans to China annually during 2006 and 2010 through the International Bank for Reconstruction and Development, the bank said in a statement. About 70 percent of the proposed projects using the loans will be in China's poorer inland provinces, the bank's China office said in a statement on its newly-endorsed China strategy for the five years. (Xinhuanet, China -- Business)
World Bank Free Market Policy Duplicity Feb 8, 2009
The enabling transnational institution behind the wicked, devilish, immoral, psychotic, schizophrenic, illogical, satanic, fatal, death-inducing, destructive, unsustainable and incredible policy stance of Ghanaian Majority poverty is THE WORLD BANK The International Bank for Reconstruction and Development (IBRD). Rather than reconstruction and development it specialises in the re-destruction and underdevelopment of Ghana and Africa and is genuinely frightened by the economic democratic... (Ghana Web, Ghana)
