Iraq News - Local News - Baghdadpost

World Bank approves $200-million development project in Iraq

The World Bank
The World Bank Group - File photo
The World Bank Group approved a $200 million emergency stabilization and social stabilization project in Iraq, in attempt to improve the livelihoods of more than 1 million Iraqis in reclaimed areas.

The emergency project to support social stability and resilience of citizens, especially those most vulnerable to poverty, will provide cash support, short-term employment opportunities and other forms of social support.

The project provides cash and employment support to 150,000 families, benefits some 840,000 people and generates about 15 million working days.

The project will also increase access to psychosocial services for more than 150,000 people who will receive mental health services and address the effects of violence against women and mitigate the impact of the psychological and social conflict on the population.

At the same time, the project will support the development of medium-term social safety nets and support for livelihoods through micro and microenterprise financing, which will benefit some 12,000 families.
Last Modified: Saturday، 07 April 2018 11:48 AM