Burkina Faso: New World Bank Financing to Expand Economic Opportunities and Strengthen Social Protection Systems
Burkina Faso, July 15 -- The World Bank approved a new project in Burkina Faso to expand economic opportunities for vulnerable populations, foster social cohesion, and strengthen the country's social protection system. This marks a renewed partnership between the World Bank Group and the Government of Burkina Faso in the social protection sector. The project will be implemented over five years and financed through an International Development Association (IDA) credit of $100 million and a $20 million grant from the Sahel Adaptive Social Protection Program.The new operation builds on the strong results of the Burkina Naong Sa Ya ("Ending Poverty") Social Safety Nets Project, implemented from 2014 to 2024, which reached more than one million ...
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