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Singapore – New Zealand contribute to World Bank financial instruments with high leverage potential

 WASHINGTON, USA – Singapore and New Zealand announced on Wednesday they will contribute to two innovative financial instruments that can further expand the World Bank’s lending capacity to address global challenges. Singapore pledged $20 million to the bank’s hybrid capital instrument and announced plans to be the first shareholder to redirect the interest payments from […]

The post Singapore – New Zealand contribute to World Bank financial instruments with high leverage potential appeared first on Caribbean News Global.

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