Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs urged the World Bank to become more efficient in its capital management;. Calls for having a fresh look soon on IBRD transfers to IDA and efficient deployment of buffer being created now;. Welcomes an Agreement on the capital increase package – a 13 billion capital increase in IBRD and IFC together; Expressed India’s support for the shareholding review, including development of dynamic formula and the capital package

Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs urged the World Bank to become more efficient in its capital management;. Calls for having a fresh look soon on IBRD transfers to IDA and efficient deployment of buffer being created now;. Welcomes an Agreement on the capital increase package – a 13 billion capital increase in IBRD and IFC together; Expressed India’s support for the shareholding review, including development of dynamic formula and the capital package https://www.taxtmi.com/news?id=19944 India urged improved capital management at the World Bank Group, requesting a prompt review of IBRD transfers to IDA and efficient deployment of the buffer. The Secretary welcomed the capital increase package for IBRD and IFC, supported the shareholding review and a dynamic formula, and urged early preparation for the next capital review to enable increased lending to middle income countries and revision of single borrower limits. en-us Mon, 23 Apr 2018 10:09:18 +0530 Mon, 23 Apr 2018 10:09:18 +0530 TaxTMI RSS Generator Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs urged the World Bank to become more efficient in its capital management;. Calls for having a fresh look soon on IBRD transfers to IDA and efficient deployment of buffer being created now;. Welcomes an Agreement on the capital increase package – a 13 billion capital increase in IBRD and IFC together; Expressed India’s support for the shareholding review, including development of dynamic formula and the capital package https://www.taxtmi.com/news?id=19944 India urged improved capital management at the World Bank Group, requesting a prompt review of IBRD transfers to IDA and efficient deployment of the buffer. The Secretary welcomed the capital increase package for IBRD and IFC, supported the shareholding review and a dynamic formula, and urged early preparation for the next capital review to enable increased lending to middle income countries and revision of single borrower limits. News - Mon, 23 Apr 2018 10:09:18 +0530 https://www.taxtmi.com/news?id=19944