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Govt approves buying $4.3 billion World Bank bonds

The government Thursday approved a proposal to invest USD 4.3 billion in World Bank bonds, which will help the country secure additional funding from the multilateral agency for infrastructure projects.

India considers investing $4.3 bn in World Bank bonds

The cabinet will on Thursday consider a finance ministry proposal to borrow an additional USD 4.3 billion from an arm of the World Bank, according to a cabinet agenda document.

$426-mn loan pacts signed with World Bank

It is aimed at enhancing the road connectivity in the state by assisting the Public Works Road Department to improve and effectively manage its road network, said the statement.