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Monday, September 6 - 2010

World Bank to loan $4bn to Mena region

  • Middle East: Wednesday, October 07 - 2009 at 10:26

The World Bank's Managing Director, Juan Jose Daboub, has announced that the bank will loan about $4bn this year in the Middle East and North Africa to help create jobs for 20 million jobless young people, Bloomberg has reported. The loans will come from the bank itself and the International Finance Corp., its unit for lending to companies.

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