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CANBERRA—As rebels entered the center of Tripoli in what could be their final battle with the regime of Col. Moammar Gadhafi, a senior World Bank official said the bank is ready to offer a new regime financial support if asked.
Sri Mulyani Indrawati, one of three managing directors at the World Bank, told Dow Jones Newswires on Monday that it will use its vast experience in post-conflict rebuilding "to deal with Libya when the situation is right and when it is demanded by the people there."
World Bank Managing Director Sri Mulyani Indrawati, here in March, says the bank stands ready to support a new regime in Libya.
An uprising that began in February has reached the center of the capital Tripoli after months of fighting and air strikes by the North Atlantic Treaty Organization, signaling that the government of Col. Gadhafi could be on the brink of collapse. A rebel victory would likely put added downward pressure on oil prices, which are already falling amid concerns about the slowing global economy.
"The World Bank will stand ready in supporting the people in Libya," said Ms. Sri Mulyani.
http://online.wsj.com/article/SB1000...635446022.html
Sri Mulyani Indrawati, one of three managing directors at the World Bank, told Dow Jones Newswires on Monday that it will use its vast experience in post-conflict rebuilding "to deal with Libya when the situation is right and when it is demanded by the people there."
World Bank Managing Director Sri Mulyani Indrawati, here in March, says the bank stands ready to support a new regime in Libya.
An uprising that began in February has reached the center of the capital Tripoli after months of fighting and air strikes by the North Atlantic Treaty Organization, signaling that the government of Col. Gadhafi could be on the brink of collapse. A rebel victory would likely put added downward pressure on oil prices, which are already falling amid concerns about the slowing global economy.
"The World Bank will stand ready in supporting the people in Libya," said Ms. Sri Mulyani.
http://online.wsj.com/article/SB1000...635446022.html
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