Wednesday, February 13, 2008

Latvia becomes a donor state for World Bank

The World Bank has reclassified Latvia from a borrower state which receives its aid to a donor state which provides aid to other countries.

Wow! I didn't expect it to happen so soon. Despite all the political mess that we have, we are now wealthy enough to be helping others.

Now, I only hope that the burst of economic bubble does not push us back into the category of countries that need help from the rest of the world...

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