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Belarus eyes to expand cooperation with World Bank

Xinhua, March 28, 2017 Adjust font size:

Belarus counts on expanding its cooperation with the World Bank, First Deputy Prime Minister of Belarus Vasily Matyushevsky said during the meeting with Senior Vice President for Operations of the World Bank Kyle Peters.

Matyushevsky noted the positive dynamics of cooperation between Belarus and the World Bank in recent years.

As part of the World Bank partnership strategy for 2014-2017, seven new projects have been launched for a total of about 650 million U.S. dollars in Belarus, including projects in healthcare and education, the Belarusian official said.

"In more than 25 years of mutual cooperation, the World Bank has invested over 1.6 billion U.S. dollars within the framework of joint projects in Belarus", he added.

In turn, Kyle Peters stressed that the World Bank has increased the amount of support provided to Belarus in the last few years. He said that the World Bank has started developing a new strategy to support Belarus for 2018-2021.

"Compared with many other countries, the portfolio of projects in Belarus can be implemented more effectively", Kyle Peters said. Enditem