Somalia

World Bank Pledged $1.8 billion to Fight Poverty in the Horn of Africa

by Ippei Tsuruga Views: 140

The World Bank has pledged $1.8 billion to countries in the Horn Africa to invest in social safety net, infrastructure and other development priorities to boost economic growth and opportunity, reduce poverty and spur business activity. It was promised during the joint mission of Dr. Kim, World Bank, and Mr. Ban, United Nations, to Kenya, Ethiopia and Somalia this month.

Reference
World Bank – Leaders Commit Billions in Major New Development Initiative for the Horn of Africa

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Author: Ippei TsurugaIppei Tsuruga is Social Protection Programme Manager for Indonesia at International Labour Organization. He has been managing programmes and providing technical contributions to social security reforms at the country level in Indonesia, Viet Nam and Myanmar, and also contributing to research and knowledge management at the ASEAN regional and global levels. He has been involved in various policy discussions and research activities on unemployment benefit, old-age, invalidity and survivors’ benefits, maternity benefit, sickness benefit, and the extension of social protection to workers in the informal economy. He has worked at the ILO Country Office for Indonesia and Timor-Leste, the Regional Office for Asia and the Pacific and the Social Protection Department; and JICA Washington D.C. Office, Research Department, Country Office for Kenya, and Africa Department for Kenya, Nigeria and Somalia.

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