African Development Bank and CABEI sign framework agreement to boost economic growth, social well-being of member countries
Cote Dlvoire, April 22 -- The African Development Bank and the Central American Bank for Economic Integration (CABEI) have signed a Letter of Intent aimed at facilitating Balance Sheet Optimization in line with the G-20's recommendations on capital adequacy frameworks for Multilateral Development Banks.New initiatives and instruments will promote the exchange of knowledge regarding financial instruments and development financing practices, as well as institutional capacity building, ultimately contributing to economic growth and social welfare in the member countries of both institutions. The Bank Group and CABEI also expressed their intention to continue working closely together, with a view to signing a Memorandum of Understanding in the ...
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