World Bank group

Greece was the pleasant surprise of the European economy that was often mentioned at the Spring Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), National Economy and Finance Minister Kostis Hatzidakis said on wrapping up his visit to Washington.

The World Bank is planning to give Egypt more than $6 billion in financial assistance over the next three years to help it meet its development priorities, the Washington-based lender has announced 

"Over the coming three years, the World Bank Group intends to provide more than $6 billion of support to Egypt," the development lender said in a statement.

During their official visit to the United States, Bulgarian Ministers Bogdan Bogdanov and Asen Vassilev extended a warm invitation to American companies to invest in Bulgaria, particularly in high-tech industries.

Cryptocurrency-based financial services company Nexo has filed a case against Bulgaria in an international arbitration court in the USA, according to investigative website "Bird.bg" This move comes after the Bulgarian prosecutor's office dropped its investigation into Nexo, citing insufficient evidence of a crime.

The Japan International Cooperation Agency (JICA) is providing loans of up to 20 billion yen ($139 million) to support micro, small and medium-sized enterprises that were affected by the February earthquakes.

The loan agreement was signed between JICA and the Small and Medium Enterprises Development Organization of Türkiye (KOSGEB) in the capital Ankara.

The International Finance Corporation (IFC) has announced a financing package of up to $530 million to support thousands of micro and smaller businesses in Turkish provinces devastated by February earthquakes and boost recovery efforts.

The utilization of renewables and upgrading transmission infrastructure for more renewables are Türkiye's major areas of focus, Energy Minister Alparslan Bayraktar has said, stressing that the country plans to invest $10 billion in the grid by 2030.

MARRAKESH - At the International Monetary Fund-World Bank Group annual meetings, high-ranking IMF officials congratulated Serbian representatives on robust implementation of a programme agreed with the IMF, the National Bank of Serbia said.

MARRAKESH - Serbian Deputy PM and Finance Minister Sinisa Mali said on Thursday a Serbian delegation at International Monetary Fund-World Bank annual meetings in Marrakesh had been met with extremely positive reactions.

Mali also met with the Swiss Governor at the World Bank Guy Parmelin.

MARRAKESH - A Serbian delegation headed by National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic and Finance Minister Sinisa Mali will attend the Annual Meetings of the Board of Governors of the International Monetary Fund and World Bank Group, held from October 9 through 15 in Marrakesh, Morocco.