COLUMBIA LOAN
April 1st, 2003
BY KEITH NUTHALLTHE WORLD Bank has approved a US$150 million loan to the Columbian government to help it strengthen its financial institutions - including the insurance sector - against exploitation by criminals and also to boost its capacity to make further investments in the national economy. This Programmatic Financial Sector Adjustment Operation will fund the strengthening of insurance sector regulation and supervision, boosting corporate accountability, governance and risk management. It would also strengthen the ability of the Columbian government to detect ...
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