India gets biggest share of WB loans
India gets biggest share of WB loans
India was the World Bank’s favourite last fiscal when it came to extending financial aid in the form of loans, both among developing countries and the world’s poorest nations. The World Bank, through its lending arms IBRD and IDA, committed $9.3 billion in financial assistance to India in the 2009-10 fiscal, more than the aid committed by the US and the European Union.
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