Thursday, 28 April 2016

65 - Nauru becomes 189th member of IMF and WORLD BANK

GK BY - SANJAY UTTAM


Nauru becomes 189th member of IMF and WORLD BANK


  • The Republic of Nauru, a tiny South Pacific island nation in Pacific Ocean became the 189th member of the International Monetary Fund (IMF) and World Bank i.e. Bretton-Woods institutions.
  • Before Nauru, the last country to join the World Bank and IMF as 188th member was South Sudan in April 2012.
  • It will be the second smallest member of the Fund, after Tuvalu.          About Republic of Nauru ----
  • Nauru is a tiny island country in Micronesia, northeast of Australia. It is the smallest sovereign state in the world after the Vatican City in terms of both population and area. It has a population of about 10,500 and a land area of about 8 square miles. The Australian dollar is its currency or legal tender. It had joined United Nations (UN) in 1996 as the world’s smallest independent republic.

         CAPITAL - YAREN
          Currency - Australian dollar
         
About IMF and WORLD BANK---


IMF-----

http://thesanjayuttam.blogspot.in/2016/04/58-international-monetary-fund-imf.htmlWORLD BANK--

http://thesanjayuttam.blogspot.in/2016/04/59-world-bank.html

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