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Business

South Sudan joins IMF, World Bank

DNE
Last updated: July 16, 2012 10:08 pm
DNE
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By AFP

WASHINGTON: South Sudan, the world’s newest nation, joined the World Bank and the International Monetary Fund on Wednesday, becoming the sister institutions 188th member.

IMF chief Christine Lagarde welcomed South Sudan to the fund, saying “the IMF will do its best to assist the country in setting up the foundations for economic stability and growth in the period ahead.”

 

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