IBRD

Armenia to receive budget loan from World Bank

Armenia to receive budget loan from World Bank

The World Bank will provide Armenia with a loan worth more than 90 million euros through the International Bank for Reconstruction and Development. The funds will be used to cover the budget deficit.

IBRD allocates Kazakhstan $1 billion

IBRD allocates Kazakhstan $1 billion

The International Bank for Reconstruction and Development (IBRD) has approved a $1 billion loan with an interest rate of 1.5% to finance Kazakhstan's development policy in macroeconomic management and growth of the economic competitiveness of …

IBRD to grant Georgia $120 million for development

IBRD to grant Georgia $120 million for development

The IBRD will grant Georgia a loan worth $120 million for 25 years (14-year beneficial period). The deal has been ratified by the Georgian parliament today, Business Georgia reports. The priorities of the document fit into the …