Article: Brazil -- World Bank approves USD404.04 million loan to strengthen Brazil's financial sector USD8.8 million for fiscal and financial management also approved.

M2 PRESSWIRE-25 May 2001-WORLD BANK: Brazil -- World Bank approves USD404.04 million loan to strengthen Brazil's financial sector USD8.8 million for fiscal and financial management also approved (C)1994-2001 M2 COMMUNICATIONS LTD

RDATE:24052001

WASHINGTON -- The World Bank today approved a single-tranche US$404.04 million Programmatic Financial Sector Adjustment Loan and a US$8.8 million Fiscal and Financial Management Technical Assistance Loan to Brazil. The two loans are part of the Bank's 2000-2002 assistance program for Brazil, whose progress report was also presented to the Board of Directors today.

Programmatic Financial Sector ...

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