World Bank group

The International Finance Corporation (IFC), a member of the World Bank Group, has invested 15 million euros in equity of Turkish hospital group Acıbadem's Bulgaria unit, Acıbadem City Clinic, to give a further boost to the group's growth in the Middle East and Balkans and to improve healthcare services in Bulgaria, the parties said in a statement on May 30. 

Officials from the Islamic Development Bank and the Turkish Islamic Banks' Association (TKBB) signed a cooperation deal for financing infrastructure projects on May 25, Reuters has reported. 

The agreement was inked at a TKBB general assembly in Istanbul. No further details were immediately available.

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

In the wake of the deadly Zika and Ebola virus outbreaks, most countries are still completely unprepared for another potential pandemic, a new study has found, warning that a serious outbreak could result in "millions of deaths and cost trillions of dollars."

The International Finance Corporation (IFC), a member of the World Bank Group, and the Dutch Entrepreneurial Development Bank (FMO) are providing a long-term loan to Finans Leasing, a leading Turkish leasing company and a subsidiary of QNB Finansbank, the institutions said in a press release on May 4. 

WASHINGTON - The positive marks Serbia has received for visible economic improvement are very encouraging, International Monetary Fund (IMF) delegation head James Roaf said at a meeting with Serbian Finance Minister Dusan Vujovic in Washington Friday.

The World Bank Group and the China-led Asian Infrastructure Investment Bank said on April 23 they agreed to deepen their cooperation with a framework for knowledge sharing, staff exchanges, analytical work, development financing and country-level coordination.

BELGRADE - Serbian Finance Minister Dusan Vujovic will this week attend the 2017 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, his ministry announced Tuesday.

The meetings, officially slated for April 20-23, will bring together central bank governors, finance ministers and representatives of major financial institutions.

WASHINGTON - The International Monetary Fund (IMF) on Tuesday confirmed a 3 pct growth forecast for Serbia for 2017, with 3.5 pct growth predicted for next year.

The IMF published its latest World Economic Outlook during the 2017 Spring Meetings with the World Bank Group.

Tanjug file photo, Z. Zestic

Despite the "breakthrough" at last Friday's Eurogroup in Malta, the deal struck between the government and its European Union partners remains unclear on several issues, not least the time frame of its implementation.

According to a government official on Monday, a time frame is not expected to be formulated until after Easter.

Five leading financial institutions have signed a long-term financing agreement with German-Greek consortium Fraport Greece, which will soon be managing, operating, upgrading and maintaining 14 regional Greek airports under a 40-year concession contract.