WASHINGTON, December 16, 2008 - The following project was approved today by the World Bank’s Board of Executive Directors: IDA Credit: US$40 million TERMS: Maturity = 40 years; Grace = 10 years Project Description: The project will assist the government in (i) increasing access to short-term employment in targeted food-insecure areas; and (ii) restoring access to social and economic services following natural disasters in targeted communities. The project would comprise four components: 1) Social safety net; 2) Community-driven basic infrastructure; 3) Rehabilitation and reconstruction in response to natural disasters; and 4) project management, monitoring and evaluation, and audit. Media Contact Rachel McColgan-Arnold (202) 458-5299 rmccolgan@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P113134 |