Brasília - Less large loans for the federal government and more small and medium loans for state governments, with emphasis on investment in infrastructure and on the reduction of inequality. This is the strategy that should guide the US$ 7 billion loan that the World Bank (IBRD) should grant Brazil up to 2011. The contract had its guidelines approved last week by the Executive Board at the Bank, in United States capital Washington D.C.

Posted by boyang at May 5, 2008 5:23 PM