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MINISTER URGES WORLD BANK ASSISTANCE TO POST-CONFLICT COUNTRIES

WASHINGTON, April 30 (Hina) - The International Monetary Fund and the World Bank should come up with an answer for post-conflict countries similar to their programme for helping the most indebted countries, Dutch Foreign Minister Eveline Herfkens said in Washington on Sunday. She was speaking at a joint session of the IMF development committee and the World Bank's finance committee, on behalf of 12 countries, including Croatia, which she represents at the World Bank. The two institutions should provide technical assistance in the drafting of an economic revival programme and find favourable ways to curb the debt of countries in the process of reform and stabilisation, Herfkens said. Thus far, the World Bank has allocated some $200 million in assistance to the post-conflict countries on the former Yugoslav territory, including $45 million for Bosnia in the form of a stand-by arrangement and $151 m
WASHINGTON, April 30 (Hina) - The International Monetary Fund and the World Bank should come up with an answer for post-conflict countries similar to their programme for helping the most indebted countries, Dutch Foreign Minister Eveline Herfkens said in Washington on Sunday. She was speaking at a joint session of the IMF development committee and the World Bank's finance committee, on behalf of 12 countries, including Croatia, which she represents at the World Bank. The two institutions should provide technical assistance in the drafting of an economic revival programme and find favourable ways to curb the debt of countries in the process of reform and stabilisation, Herfkens said. Thus far, the World Bank has allocated some $200 million in assistance to the post-conflict countries on the former Yugoslav territory, including $45 million for Bosnia in the form of a stand- by arrangement and $151 million for Yugoslavia as urgent assistance. (hina) ha

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