Merkel's spokesman says no change in stance on sanctions against Russia
Russia and Egypt signed no deal on Alligator combat helicopters — arms exporter
Two Ukrainian servicemen side with LPR, ready to defend self-proclaimed republic
Russian arms exporter still in talks on S-300 deliveries to Iran
Ukraine will not cut spending on defense — PM
Latvia refuses to register bureau of Russian news agencyWorld August 28, 16:58
Russia wins gold in 110m hurdles at 2015 IAAF World ChampionshipsSports August 28, 16:53
President Putin signs decree on consolidation of Sheremetyevo Airport assetsEconomy August 28, 16:50
Ukraine will not cut spending on defense — PMWorld August 28, 16:48
Two Ukrainian servicemen side with LPR, ready to defend self-proclaimed republicWorld August 28, 16:42
Putin to lead Russian delegation at 70th session of UN General AssemblyRussia August 28, 16:25
No new threat to Russia from Kiev's new defense cooperation decree — ex-FSB chiefRussia August 28, 16:20
Poroshenko urges pro-European parties in Ukraine to uniteWorld August 28, 16:09
Snowden may get Bjornson prize at Russia-Norway borderWorld August 28, 15:59
WASHINGTON, September 13 (Itar-Tass) — The World Bank (WB) has officially recognized the Transitional National Council (TNC) of Libya as the only lawful government of that country, and expressed willingness to help it restore the national economy, says a report of the World Bank, which was circulated here.
The WB is willing to help TNC in its efforts, aimed at establishing control over state expenditures, managing financial resources, restoring the infrastructure and creating new jobs, while the country overcomes the consequences of the conflict, the report said.
The assistance will be rendered to TNC together with the International Monetary Fund, said WB Managing Director Mulyani Indrawati. Previously IMF had also recognized the legitimacy of TNC and had promised to render technical and material assistance to the new Libyan authorities in the restoration of the banking sector of the national economy.