Turkmenistan inks agreement with World Bank for $20M loan

[ad_1] Turkmenistan’s Finance and Economy Minister Muhammetgeldi Serdarov met with the World Bank (WB) Country Manager for Turkmenistan Jan-Peter Olters and the WB Regional Director for Central Asia Tatiana Proskuryakova via video conference, Report informs. Turkmen minister and WB officials discussed ways to strengthen cooperation between Turkmenistan and the World Bank in various areas, including… Continue reading Turkmenistan inks agreement with World Bank for $20M loan

European Central Bank launches new phase of digital euro project

[ad_1] The European Central Bank is launching a new phase of the digital euro project. It will last for two years and will not necessarily lead to the launching of such a currency, Report informs, citing Prime. “The managing board of the European Central Bank has today decided to launch the research stage of the… Continue reading European Central Bank launches new phase of digital euro project

World Bank makes recommendations on “smart village” project in Azerbaijan

[ad_1] To assess the situation in the country for the application of “smart village” approaches, the World Bank has developed an analytical framework called the Smart Village Readiness Index, based on large amounts of global data, as well as national data sources. The data were obtained from the State Statistics Committee of Azerbaijan and various… Continue reading World Bank makes recommendations on “smart village” project in Azerbaijan

Bank security guard in India opens fire at customer for not wearing mask

[ad_1] Not wearing a mask and trying to enter a bank’s office in Bareilly, Uttar Pradesh State of India, turned into an unfortunate incident for a customer, Report informs via India Today. The security guard at the bank’s entrance shot the customer in the leg. The man who was shot was identified as Rajesh Kumar,… Continue reading Bank security guard in India opens fire at customer for not wearing mask

IMF recommends Azerbaijan to gradually normalize bank prudential & regulatory measures

[ad_1] In response to the COVID pandemic, monetary policy in Azerbaijan has been appropriately eased, Report informs referring to a report by the International Monetary Fund (IMF) following consultations with the Azerbaijani government under Article IV of the IMF’s Articles of Agreement. “Interest rate cuts, in the context of the de facto peg to the… Continue reading IMF recommends Azerbaijan to gradually normalize bank prudential & regulatory measures