|
|
|
|
|
|
| |
| |
By Category |
 |
|
|
| |
|
| |
| |
India On Media |
|
|
|
| |
|
| |
|
|
| Weather
News |
|
| World Bank to provide USD 100 milli |
| World Bank to provide USD 100 million to Haiti
|
| UNITED STATES OF AMERICA
, 15-January-2010
1:17:28 AM |
|
The World Bank on Thursday announced an additional USD 100 million in emergency grant fund to Haiti for recovery and reconstruction efforts at the Caribbean nation rocked by a devastating earthquake on Tuesday.
"This is a shocking event and it is crucial that the international community supports the Haitian people at this critical time," said World Bank President Robert B Zoellick.
"The World Bank is mobilising significant financial assistance and sending a team to help assess damage and reconstruction needs. Our thoughts are with the people of Haiti, our staff, and our UN colleagues," Zoellick said.
Besides new initiatives, the World Bank may use its existing projects in Haiti, including education and community-driven development for quick and effective relief.
The multilateral development lender is also sending experts to work with the government and its international partners to assess losses and plan for reconstruction. The Global Facility for Disaster Reduction and Recovery (GFDRR) has allocated USD 250,000 for this assessment, the bank said in a statement.
|
|
|
|
|
|
|
|
ADVERTISEMENTS
Free offer!!! Become an administrator for your zip home page, "Post" local news (local to your postcode)& pictures, "Post" advertisement banners from local companies. Make Extra money.
|
 |
 |
|
|
| |
|
