IMF Executive Board Completes Fourth Review Under the Extended Fund Facility Arrangement for Suriname

The IMF Executive Board completed the fourth review under the Extended Fund Facility (EFF) arrangement for Suriname, allowing for an immediate purchase equivalent to SDR 39.4 million (about US$ 53 million). The Board has also approved the authorities’ request for an extension of the arrangement (until March 2025) and augmentation of access equivalent to SDR 46.8 million (about US$ 63 million).

EIB and ILB celebrate 30 years of partnership

At the EIB`s Berlin office, the European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) have celebrated almost 30 years of their partnership. Both public development banks have been cooperating in funding regional projects in the German State of Brandenburg that is surrounding Berlin. Since 1995, 47 financial contracts have been signed with an overall volume of €3.21 billion. 

The Global Green Bond Initiative joins forces with the African Development Bank to drive the development of green bond markets throughout Africa

The coalition of development finance institutions and multilateral organizations making up the Global Green Bond Initiative  (GGBI ) today launched a strategic partnership with the African Development Bank to cooperate on technical assistance to promote green bond markets in Africa.

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