Zimbabwe will receive $22 million from the World Bank, the first money from the bank since 2000, but it falls far short of the $8.5 billion economically-strapped Zimbabwe has been seeking. The World Bank calls it a first step, saying it will see how the country deals with debt reduction, reports the BBC. Background, World Bank
Posted by Ellen Wallace on 18 May 2009 at 22:28, last updated on 19 May 2009 at 6:51 |
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This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 18 May 2009.
Filed under: World news
Tags: debt, World Bank, Zimbabwe
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