World Bank group

World Bank group experts are to sign with the Bulgarian government on Tuesday a memorandum to assist Sofia in more efficiently absorbing EU funds for the 2014-2020 period.

The government nominated on Wednesday the Governor of the Bulgarian National Bank (BNB) Dimitar Radev as Governor for Bulgaria in the International Monetary Fund (IMF).

The International Finance Corporation (IFC) said on June 25 it has agreed to loan 154 million euros ($172 million) to finance the building of a planned healthcare complex in Ankara.

The IFC, a member of the World Bank Group, said in a statement the loan would fund the 1.1 billion euro ($1.23 billion) integrated campus.

The World Bank Group's Board of Executive Directors has endorsed the Country Partnership Framework (CPF) for Serbia.

It proposes allocating a total of USD 2.2 billion to the country over the next five years, the WB said.

The International Finance Corporation (IFC) said on June 22 it has introduced an innovative financial instrument to expand the availability of Turkish Lira financing for private enterprises in Turkey.

The IFC, a member of the World Bank Group, has become the first multilateral institution to issue lira-denominated discount notes.

A meeting of the International Finance Corporation (IFC) taking place June 17-26 has included a show of succesfull models of Bulgarian corporate governance.

The World bank Group has criticized Bulgarian media outlets who published Thursday what they describe as comments by WB Country Manager Tony Thompson.

Turkey ranked second after Brazil in making the highest commitments for total infrastructure investments among 139 emerging countries in 2014, according to data from the World Bank. Peru, Colombia and India followed in third, fourth and fifth, respectively. 

I flew to Singapore on June 5 for a friend?s wedding. And since I could not make it back in time for the elections, I decided to stick around for a couple of days to meet up with investors interested in Turkey, as well as a few economists covering Singapore.

The World Bank Group is allocating USD 1.2 B to Albania under the 2015-2019 Country Partnership Framework (CPF), the international institution has announced.

This is a substantial share of its GDP, which amounted to about USD 13.6 B in 2014 according to national statistics.