the World bank

$US58.8b scratched up by the World Bank to help nations wrestle with the crisis

July 2, 2009 - 4:32am | News | Other themes

As it became known, The World Bank announced it allotted a record $US58.8 billion as a bailout in the fiscal year just ended as it scrambled in a move to support countries cope with the global economic crisis.

The World Bank said yesterday, that the results of end of the 2009 fiscal year, ended June 30, reflected a 54% growth over the previous year and "a record high" for the global development institution.

0 points

The ups and downs of Vietnam’s economy

April 15, 2009 - 2:55pm | Analytics | Articles

Last week the World Bank reported that the direct impact of the global financial crisis on Vietnam is minimal. Its banks are neither exposed to “toxic” products nor owned to a large extent by exposed foreign banks. Such favorable situation is a result of learning the lessons of a domestic financial turmoil happened in 2008.

credit crunch | financial crisis | the World bank | Vietnam | Vietnam’s economy

0 points

Did not find what you want? Try to search all ecommerce sites!

Custom Search