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Conditional Cash Transfers

Conditional Cash Transfers:
Weathering the Global Financial Crisis

February 10th, 2009—A new report from the World Bank underscores the importance of cash transfer programs to help poor families weather the global financial crisis.

Such programs offer qualifying families money in exchange for commitments such as taking babies to health clinics and keeping children in school.

The World Bank expects to lend about 2.4 billion US dollars to start or expand cash transfer programs in countries around the globe.

The report shows cash transfer programs can cut poverty both long- and short-term, particularly if they are supported by better public services like health clinics and schools.

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