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$30M for World Bank

The government will contribute $30 million to the World Bank over the next four years as it moves to support the bank’s goal of strengthening the finances of governments in Eastern Europe and Central Asia.

The decree, signed by Prime Minister Vladimir Putin on Feb. 26, was posted Wednesday on the government’s web site. It orders $4 million to be paid this year, $7 million in 2011 and 2012, $8 million in 2013 and $4 million in 2014.

Russia contributed a total of $157.3 million to the World Bank in 2009, up from $105.4 million in 2008.

(MT)

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