(ECO) WORLD BANK HEAD SAYS LIMITED RESOURCES TO BE EXPANDED.ISTANBUL, Oct 2, 2009 (TUR tur: see ibex. ) -- The head official of World Bank said on Friday that IMF IMF See: International Monetary Fund IMF See International Monetary Fund (IMF). and World Bank conducted studies to expand their limited resources. Holding a press conference in Istanbul, World Bank President Robert Zoellick said that the bank, which offered different financing methods for countries with low and middle income, currently tried to create additional capital resources. Noting that World Bank held talks with donor countries in order to expand and diversify its resources, Zoellick said the bank did not experience any difficulties in granting loans during the global economic crisis due to its strong capital structure. Zoellick said the total amount of loans provided by World Bank reached 33 billion USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. in the past financial year, adding that they expected such figure to exceed 40 billion USD in the present term. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
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