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European Bank for Reconstruction and Development (EBRD)
The European Bank for Reconstruction and Development was established in 1991.
Aims and Objectives of the European Bank for Reconstruction and Development (EBRD)
- To provide technical assistance and training to economies once geared toward communist planning.
- To establish a framework for a Western style economy and the basis for a strong private sector in such economies.
- To play a major catalytic role in assisting east European nations to privatize state owned industries.
(iv) To finance state sector infrastructures throughout the region.
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