World Bank: $ 300 million to improve Iraq's livelihood

[yota691]

World Bank: $ 300 million to improve Iraq's livelihood

 

money and business Economy News _ Baghdad The World Bank Group's Executive Board approved a project to improve the living conditions of more than 1.5 million poor families in Iraq, worth $ 300 million. The World Bank said in a statement received by "Economy News" that the project will provide basic services and increase employment opportunities. The project will fund sub-projects in education, health, water, small-scale economic infrastructure and access to markets. He added that the project will start in the provinces of Muthanna, Salah al-Din and Dahuk, to reflect the effects of poverty and conflict and displacement on those provinces, followed by the expansion of operations to include all the provinces of Iraq within 5 years. The war against oil prices and low prices since 2014 has had a severe impact on Iraq at the humanitarian, social and economic levels, and increased poverty and unemployment, as well as the areas of health and education, and the decline in agricultural production and food. Last November, the World Bank approved a $ 400 million financial aid package to support the reconstruction of liberated areas of Iraq and help rehabilitate its basic service structures. Views 6   Date Added 02/07/2018

[yota691]

"World Bank": $ 300 million to improve living in Iraq

The project will start in the provinces of Muthanna, Salah al-Din and Dahuk

 

 07 Feb 2018 12:59 PM

 

Directly: Board of Executive Directors approved the World Bank Group project to improve the living conditions of more than 1.5 million poor families in Iraq, worth $ 300 million.

The World Bank said in a statement on its official website that the project will provide basic services and increase employment opportunities.

In its statement, the bank said that the Social Fund for Development (SFD) project will fund sub-projects in the areas of education, health, water, small-scale economic infrastructure and access to markets.

The World Bank added that the project will start in the provinces of Muthanna, Salah al-Din and Dahuk, to reflect the effects of poverty and conflict and displacement on those provinces, followed by the expansion of operations to include all the provinces of Iraq within 5 years.

The war against oil prices and low prices since 2014 has had a severe impact on Iraq at the humanitarian, social and economic levels, and increased poverty and unemployment, as well as the areas of health and education, and the decline in agricultural production and food.

Last November , the World Bank approved a $ 400 million financial aid package to support the reconstruction of liberated Iraqi areas and help rehabilitate their basic service structures.

[TOMINVEGAS]

 Go World Bank!!!! 

[Boozer]

2% of that will help my Livelihood