Refugee Support: $150 Billion Approved By The World Bank

Refugee support: $ 150 billion approved by the World Bank

A total of 4 projects will be financed with this envelope from the World Bank

This package includes a grant of $ 130 million (about CFAF 71 billion) under the specific funding sub-window of the International Development Association (IDA) for refugees. Cameroon is the first country to benefit from this new $ 2 billion regional sub-window created by IDA to help low-income countries facing a large influx of refugees. 

The World Bank, through the International Development Association (IDA) has just allocated funding of $ 274 million (about CFAF 151 billion) for four projects supporting refugees and host populations in Cameroon, on access to health, education and economic and social infrastructure. 

This envelope, says the World Bank, includes a grant of $ 130 million (about $ 71 billion) under the IDF's specific funding sub-window for refugees. And to point out that, Cameroon is the first country to benefit from this new $ 2 billion regional sub-window created by the Ida to help low-income countries facing a large influx of refugees. 

According to Cameroon Tribune, which reports this information in its newsstand edition on Wednesday, May 9, 2018, the four projects financed by this grant from the World Bank include the Social Safety Nets Project, the Health System Performance Improvement Project. , the Community Development Program Support Project and the Education Reform Support Project.

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One of the issues is improving access to health and education for refugees and host communities, providing social protection to the most vulnerable households, he said. 

"This funding will improve the access of refugees and their host Cameroonians to health, education and other social services, through projects co-organized with the World Bank and local authorities," he said. pleased Kouassi Lazare Etien, UNHCR representative in Cameroon. 

Since the beginning of the year, the country has registered about 10,000 new arrivals bringing to nearly 350,000 the number of refugees from countries such as Central Africa but also from Nigeria.