world bank approves 20 million aid for poor
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

World Bank Approves $20 Million Aid for Poor

Arab Today, arab today

Arab Today, arab today World Bank Approves $20 Million Aid for Poor

World Bank Approves $20 Million Aid for Poor
Washington - QNA

The World Bank has approved provision of $20 million to help poor and vulnerable families in Siem Reap and Phnom Penh increase their income, build skills and construct small-scale community infrastructure. 
The bank's board of executive directors approved the funding for the Livelihood Enhancement and Association of the Poor Project on Friday. 
The project aims to improve access for poor and vulnerable households in selected communities to financial services, and provide opportunities for generating income and creating small-scale infrastructure. 
Another objective is to provide an immediate and effective response in case of a crisis or emergency, the bank says. 
"In Siem Reap, the project will support poor and vulnerable families in 47 communes by building their capacity through self-help groups and producer groups and providing them with basic training on financial literacy, business planning, accounting and record keeping," the bank said. 
"In Phnom Penh, the project will support poor and vulnerable families in 13 communes. 
"The target communes will be eligible for financing support for small-scale community infrastructure, and poor families in these communes will receive skills development training and employment support services." Ulrich Zachau, bank country director for Southeast Asia said, "Cambodia has been a leader in Southeast Asia in reducing poverty. 
"This project will help reduce poverty in Cambodia further, directly improving the lives of the poor and vulnerable in Siem Reap and Phnom Penh. 
"The World Bank is honored to support the people of Cambodia through this project," he added. 
The project will also support unemployed youth and women in building skills marketable in labor markets. Poor families will receive seed grants to run their small business plan. 

Source: QNA

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world bank approves 20 million aid for poor world bank approves 20 million aid for poor

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world bank approves 20 million aid for poor world bank approves 20 million aid for poor

 



GMT 14:45 2017 Sunday ,03 December

Saudi banks prepare for riyal coins

GMT 20:36 2017 Sunday ,15 October

Jewish settlers storm Al Aqsa mosque compound

GMT 04:06 2017 Wednesday ,09 August

PTI Leader Gunned Down in Karachi

GMT 22:40 2017 Thursday ,08 June

6m Yemenis on verge of starvation

GMT 15:00 2017 Sunday ,19 February

Hana El Zahed tells her career's story

GMT 13:13 2017 Thursday ,30 March

Teach your children to love the arts

GMT 10:24 2015 Thursday ,04 June

Central bank: Too early to say Russia crisis over

GMT 23:08 2017 Wednesday ,22 March

White House: Trump Will Attend Upcoming NATO Summit

GMT 22:38 2018 Sunday ,21 January

UAE Ambassador meets South Korean Health Minister

GMT 16:42 2017 Saturday ,25 March

UN Chief Warns of Worsening Crisis in South Sudan

GMT 11:36 2018 Wednesday ,17 January

Berri calls for legislative session on Monday

GMT 09:54 2018 Wednesday ,03 January

Imran khan scared to face PML-N in upcoming election

GMT 21:03 2012 Monday ,05 March

My heroine of women\'s history month

GMT 11:28 2017 Wednesday ,13 December

World Cup winner Goetze writes children's book
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday