World Bank approves US$100 million toward improving healthcare services in Somalia

SOMALIA – The World Bank, has approved its first investment in Somalia’s health sector in 30 years, which is financed by a US$75 million International Development Assistance (IDA) grant and an additional US$25 million grant from the Global Financing Facility for Women, Children and Adolescents (GFF). The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives. Since inception, IDA has supported development…

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