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World Bank’s $45 Million Credit to Aid Health, Electricity Expansion in Liberia

World Bank’s $45 Million Credit to Aid Health, Electricity Expansion in Liberia

From All Africa

The World Bank Board of Executive Directors on Friday approved an International Development Association (IDA) credits facility totaling US$45 million to support the Government of Liberia’s new strategy to expand electricity coverage by 2030, as well as improve maternal health, child health and infectious disease services here.

World Bank Liberia Country Manager Inguna Dobraja said, “Both projects are crucial towards supporting the Liberian Government’s Agenda for Transformation and addressing the country’s medium-term development priorities.” Ms. Dobraja added that: “The Bank will continue to support the Government’s transformational development agenda in pursuing sustainable and inclusive economic growth that will benefit all Liberians.”

The first US$35 million credit will support the Accelerated Electricity Expansion Project, designed to focus on the three most pressing issues for the implementation of the government’s plans to expand electricity services in Liberia by 2030.

Read more at allafrica.com