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Kosovo enters Int'l Monetary Fund, World Bank

Kosovo enters Int'l Monetary Fund, World Bank

Kosovo, a former province of Serbia, has become the 186th member of the International Monetary Fund and the World Bank.
Documents were signed and speeches made at the U.S. State Department on Monday to make Kosovo's accession official 16 months after the province's ethnic Albanian majority declared independence from Serbia. The ceremony was in Washington, because the U.S. government is the repository for the 1944 Bretton Woods agreement that created post-World War II international financial system.
"This is the new history of Kosovo," Prime Minister Hashim Thaci said after the signing.
The United States was an early supporter of the Kosovars after the province declared independence on Feb. 18, 2008.


Updated : 2021-06-18 07:02 GMT+08:00