Address Presenting the Ninth Annual Report

Eugene R. Black, President of the International Bank for Reconstruction and Development, greeted two new member countries, Indonesia and Israel. He reviewed Bank lending operations, which continues to grow. He commented on the dangers of supplier credits in situations where long-term finance is more...

Full description

Bibliographic Details
Main Author: Black, Eugene R.
Format: eBook
Language:English
Published: Washington, D.C The World Bank 1954
Series:World Bank E-Library Archive
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:Eugene R. Black, President of the International Bank for Reconstruction and Development, greeted two new member countries, Indonesia and Israel. He reviewed Bank lending operations, which continues to grow. He commented on the dangers of supplier credits in situations where long-term finance is more appropriate. He mentioned the technical and financial assistance extended by the Bank to development institutions in many countries, including the construction of electric power capacity