World Bank Group

SB: USD 75 million for public sector reform

BELGRADE - Public Sector Specialist in the World Bank (WB) Srdjan Svircev stated on Saturday that the bank would back public sector reform in Serbia through expert assistance and a USD 75 million loan which should be granted by the end of the year.

April is the best time to see Washington D.C., when the cherry blossom herald the blooming spring and the weather is perfect for strolls along the Potomac river. Wait a few weeks, and the scorching heat and swampy humidity will suffocate you. Thankfully, the International Monetary Fund (IMF) and the World Bank hold their spring meetings in April.

Questions BIRN sent World Bank's Headquarters in Washington on January 12:

1.    How did the World Bank establish that this tender was transparent? Whose expertise provided the basis for the statement of Vesna Kostic, the World Bank's spokesperson?

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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The World Bank is ready to help Bulgaria reform its energy sector, the Regional Development Ministry said  on Thursday.

Serbia's new Finance Minister, Dusan Vujovic, has presented a plan for the country's economic revival, based on stricter control of public spending, the fight against the "grey" economy, better rates of tax collection and reducing the costs of public companies.

BELGRADE - The World Bank (WB) could approve to Serbia grants-in-aid worth several hundred thousand dollars for the repair of the damage, said World Bank Country Manager for Serbia Tony Verheijen on Tuesday.