Turkish Stream project may resume only after EC confirms its priority in writing — GazpromBusiness & Economy June 30, 18:42
Russia urges US to stop ‘dangerous activity’ after warship incident in MediterraneanMilitary & Defense June 30, 18:19
Russian national team to include 380 athletes at Rio Olympics — officialSport June 30, 17:58
Armenia ratifies deal with Russia on joint air defense in CSTO’s Caucasian regionMilitary & Defense June 30, 17:56
Turkish foreign minister: Meeting with Lavrov to start direct dialogue with RussiaWorld June 30, 17:37
Ukraine asks to supply 3 bln cubic meters of gas in Q3 2016 — GazpromBusiness & Economy June 30, 17:35
Russia's envoy expects no changes in NATO forces' deployment after Warsaw summitRussian Politics & Diplomacy June 30, 17:20
Post-Soviet military bloc officials agree on plan of upcoming joint drillsMilitary & Defense June 30, 17:13
Russian scientists find anti-cancer activity of parsley and dillScience & Space June 30, 17:09
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.