World Bank's Board of Executive Directors

The World Bank and Turkey's gas grid BOTAŞ signed a $400 million financing deal on Feb. 8 for the Trans-Anatolian Natural Gas Pipeline (TANAP) project, which will carry gas from a gas field in Azerbaijan across Turkey and further on to Europe.

The China-backed Asian Infrastructure Investment Bank (AIIB) has approved a $600 million loan to finance a natural gas pipeline from Azerbaijan through Turkey, it said Dec. 21, taking its total loans in its inaugural year to $1.73 billion.

The World Bank's Board of Executive Directors has approved a $132.7 million loan for the Sustainable Cities Project in Turkey.

The project, which covers two cities, is the first in a series of projects aimed at improving the economic, financial, environmental and social sustainability of Turkish cities. 

The World Bank's Board of Executive Directors on Thursday approved two more projects for Serbia worth a total of 124.9 mln euros (138.9 mln dollars).

The World Bank Group headquarters building in Washington, D.C. - Photo: Shiny Things / Flickr

WASHINGTON - The World Bank's Board of Executive Directors on Thursday approved two more projects for Serbia worth a total of 124.9 mln euros (138.9 mln dollars).

The World Bank's Board of Executive Directors has said it approved a micro, small and medium enterprises (MSMEs) and large enterprises (LEs) supply chain finance project for Turkey in the amount of $200 million in a written statement on Dec. 23. 

The World Bank's Board of Executive Directors approved Monday a USD 378.425 M loan for the development of Ukraine's energy sector.

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WASHINGTON - The World Bank's Board of Executive Directors approved a EUR 227.5 million loan (USD 300 million) for the Floods Emergency Recovery project for Serbia, primarily in the sectors of energy, agriculture and infrastructure, the World Bank released on Saturday.