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World Bank GIF to be ready by April

Infrastructure Finance
December 1, 2013December 1, 2013
World Bank GIF to be ready by April
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For its proposed Global Infrastructure Facility (GIF) that will finance core projects in emerging economies like India, the World Bank is expected to finalise the GIF´s shape by next April, says an official in India´s Finance Ministry. The official added that the spring meeting of the World Bank in April will discuss the design the GIF. The facility will help finance needs of infrastructure deficit nations. The World Bank made a presentation to Finance Minister P Chidambaram in October on the proposed GIF.

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