WASHINGTON, May 29, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
GFRP Grant: USD$ 10 Million
PROJECT DESCRIPTION: The Emergency Food Crisis Response Program aims to provide for two existing World Bank projects to be scaled up specifically to address food price concerns. It also provides for a new Bank project to support an existing school feeding program implemented by WFP. The first component will help raise agricultural productivity primarily through increasing yields and reduced post-harvest losses. The second component will support a cash for work program through The Liberia Agency for Community Empowerment (LACE) creating an estimated 800,000 temporary day jobs through a labor intensive public works program. It is expected that over 75% of this component’s costs will pay labor wages. Finally the third component will be Food Support for Vulnerable Women and Children which will finance a school feeding program, take home rations for girls in grade 4 to 6, as an additional incentive to encourage greater attendance by girls, and a program for vulnerable women - mainly pregnant and lactating women. The program will cover approximately 69,600 beneficiaries and will be implemented through the World Food Program (WFP).
For more information, please call Aby Konate at (202) 473-8302 or e-mail here at akonate@worldbank.org
For project information on World Bank projects in Liberia, please visit: www.worldbank.org/liberia
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