Marshall islands, June 9 -- The World Bank has approved an additional US$9 million in financing to help the Republic of the Marshall Islands respond to sharply higher energy costs that are placing pressure on families, businesses, public services, and the national budget.The assistance provides immediate budget support through an existing Marshall Islands Development Policy Operation. The original US$21 million operation was approved in July 2024 to support stronger fiscal management and disaster and climate resilience. This additional financing brings total World Bank support under the operation to US$30 million, of which US$12 million in contingent financing remains available in the event of an eligible catastrophe. Marshall Islands is on...