IBRD Trust Funds - World Bank

$10,000,000.00 CAD

≈ $0.24 for every person in Canada ≈ 129 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2006-2007
Agreement period
February 28, 2007 – February 7, 2011
Reference
CA-3-M012438001

Published purpose

The Financial Sector Reform and Strengthening Initiative (FIRST) is a multi-donor initiative that supports the stability and integrity of financial systems in developing countries and countries in transition to market-oriented economies. The initiative provides technical assistance to policy makers and regulatory bodies in beneficiary countries to strengthen supervision and regulations relating to banking, insurance, securities, pensions, money laundering, payment systems, and microfinance. The World Bank administers the initiative and reports to a Governing Council comprised of representatives from donors, the International Monetary Fund, and the World Bank itself.

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View official source record Imported July 30, 2026 from Global Affairs Canada IATI data