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Tag Archives: Norad Clears Grameen

Norad Clears Grameen Bank: Does Blot on Dr. Yunus' Reputation Remain?

Earlier today the Norwegian Agency for Development Cooperation (Norad) cleared Grameen Bank’s moves to supply its private arm with development funds targeted for its non-profit works. The Minister of the Environment and International Development, Erik Solheim, the official who commisioned a Norad report on this affair offered this assessment: “There is no indication that Norwegian funds […]

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