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Funds added to clear expat indemnities KUWAIT CITY, Oct 13: The governmental draft plan, which has been placed on the Cabinet’s table, calls for the adoption of attractive housing policies for real-estate development, and stresses the importance of enabling foreigners to fully own real-estate ass
Funds added to clear expat indemnities KUWAIT CITY, Oct 13: The governmental draft plan, which has been placed on the Cabinet’s table, calls for the adoption of attractive housing policies for real-estate development, and stresses the importance of enabling foreigners to fully own real-estate ass
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Washington: The World Bank approved a $150 million additional grant for the Social Safety Net Project (SSNP) to further support the government to increase the access of extremely poor households to safety net services, and to strengthen the foundations of the national social protection system, while accelerating the COVID-19 (coronavirus) social protection response.
“The Malagasy government reaffirms its will and determination to implement national social protection programs. And the World Bank’s support will help achieve a key objective for improving the living conditions and human capital in Madagascar. Together, we are strengthening the resilience of the most vulnerable households in this unprecedented health context of COVID-19 that we are facing,” said Andry Rajoelina, President of the Republic of Madagascar.
Let’s continue investing in Sri Lanka’s future generations
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The World Bank is supporting Sri Lanka to improve human capital development so that future generations can achieve their full potential. This is the result of the country’s commitment and long-track record of achievement in health and education, as evidenced by the country’s universal network of schools and high primary and secondary school enrollment and almost universal coverage of maternal and child health services.
And Sri Lanka has been able to achieve these impressive results even though spending on health, education and social protection as a percentage GDP is a lot less than its regional peers and LMICS.