World Bank to lend USD 1bn for Poland's public finances needs in 2012.

By bne IntelliNews January 2, 2012
The World Bank is now working an a new loan agreement for Poland, according to its head for Poland and Baltic States Xavier Devictor. The loan will be worth of around USD 1bn, similarly to the WB's previous engagements, Devictor said in his interview with daily Gazeta Wyborcza. The loan's purpose will be to support public finances reforms in line with the plans presented by the Polish government, he stressed. The loan is to be negotiated in the spring of 2012.
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