The European Commission, the European Investment Bank (EIB) and the World Bank today signed a joint Memorandum of Understanding aimed at enhancing donor coordination in the Middle East and North Africa / Southern Mediterranean region. The agreement signed in Brussels by senior officials from the three institutions will lead to a more focused and complementary approach at all levels from programme implementation to aid programming and overall policies.
The EIB Group joins the Debt Pause Clause Alliance
Spain, with the support of other countries and major multilateral development banks such as the European Investment Bank Group, unveiled the Debt Pause Clause Alliance at the IV International Conference on Financing for Development in Seville.