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Helping developing countries take accounting standards to the next level

Two Asian men sitting at desk doing accounting
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The need to extend deposit insurance to financial cooperatives

Harvesting barley. Nepal
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The calm before the storm: Early evidence on business insolvency amid COVID-19

Mexican market closed by season, bankruptcy, bad temporary, abandoned, bad economy, critical situation in finances
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Jean Pesme

Global Director

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FIRST Initiative

The Financial Sector Reform and Strengthening Initiative is a multi-donor grant facility that provides technical assistance to promote sounder, more efficient, and inclusive financial systems.

Global Index Insurance Facility (GIIF)

A multi-donor trust fund supporting the development and growth of local markets for weather and disaster index insurance in developing countries.

Financial Sector Advisory Center (FinSAC)

A collaboration between the World Bank Group and Austria, FinSAC delivers policy and technical advice, and analytical services to countries in emerging Europe and Central Asia.

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