Yugoslavia re-admitted to World Bank after 8 years

YUGOSLAVIA - Yugoslavia rejoined the World Bank on 8 May, eight years after being expelled for its involvement in Balkan wars, noting that the move paves the way for future loans to help the impoverished country's economic recovery.

ARTICLE - "The government of the Federal Republic of Yugoslavia has fully satisfied the requirements for Bank membership," said World Bank Director Christiaan Poortman. "We look forward to working together on reviving the country's economy and improving living cond