ZAGREB ZAGREB, Nov 13 (Hina) - The World Bank opened its regional office in Zagreb on Tuesday. The office will cover the Bank's activity and programmes in Bulgaria, Croatia, and Romania. The transfer of the office from Washington to
Zagreb is part of the Bank's decentralisation policy, which is aimed at stepping up assistance to member-states and efficiency in encouraging economic reforms and overall development, the Zagreb office said in a statement. With $5.5 billion worth in portfolio in Bulgaria, Croatia, and Romania, the Bank's decentralisation opens a new chapter in the already successful cooperation and partnership the Bank has established on various grounds in the three states. The World Bank offices in Zagreb, Sofia, and Bucharest will continue working but will answer to the regional office in Zagreb.(hina) ha sb
ZAGREB, Nov 13 (Hina) - The World Bank opened its regional office in
Zagreb on Tuesday. The office will cover the Bank's activity and
programmes in Bulgaria, Croatia, and Romania.
The transfer of the office from Washington to Zagreb is part of the
Bank's decentralisation policy, which is aimed at stepping up
assistance to member-states and efficiency in encouraging economic
reforms and overall development, the Zagreb office said in a
statement.
With $5.5 billion worth in portfolio in Bulgaria, Croatia, and
Romania, the Bank's decentralisation opens a new chapter in the
already successful cooperation and partnership the Bank has
established on various grounds in the three states.
The World Bank offices in Zagreb, Sofia, and Bucharest will
continue working but will answer to the regional office in Zagreb.
(hina) ha sb