World Bank approves credit to support capacity building for economic and financial management in Chad.

0 Comments | M2 Presswire, February, 2000

M2 PRESSWIRE-1 February 2000-WORLD BANK: World Bank approves credit to support capacity building for economic and financial management in Chad (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:28012000 WASHINGTON -- The Board of Directors of the World Bank has approved an IDA credit of US$17.5 million to support ongoing efforts to build economic and financial management capacity in Chad.

The project would help Chad develop sustainable capacity in five interrelated areas: * Public financial management that should result in increased fiscal mobilization, rationalized budget management, and improved control of the use of public resources; * Production of a comprehensive poverty database and of a poverty profile that would allow for the proper allocation of...