Friday, May 27, 2011

::World Bank Gives Tunisian-Egyptian Debt $ 6 Billion>>

Go Finance Reporting in WASHINGTON - World Bank to allocate loans to Tunisia and Egypt amounted to $ 6 billion, to assist in financing during the transitional period after the fall of leaders of both countries.

Quoted by Reuters, the world's financial institutions were targeted, the funds for it to expedite the transformation process and economic governance and encourage investment.

World Bank President Robert Zoellick said the transitional government and economic agenda in the Middle East and North Africa that will be discussed in a meeting with a group of eight developed countries (G-8) in Deauville, France which runs from Tuesday, May 24 last.

Condition, these efforts should be coupled with reducing corruption and increasing jobs. (GoFinance)

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