WASHINGTON, May 22, CMC - The World Bank has approved two new grants for maternal and child basic health services, and business development and investment in Haiti.
The Washington-based financial institution said about 1.8 million women and children in the earthquake-ravaged, French-speaking Caribbean country will benefit from one grant from the International Development Association (IDA), approved by the Board of Directors of the World Bank.
The World Bank said the US$70 million grant will increase access to maternal and child basic health services, “while the whole economy will benefit from another grant for US$20 million, which will improve the country’s business climate to attract private investment and generate growth”.