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Article: Brazil: World Bank Approves US$50 Million for Water Resources Management in the Northeast.
- Article from:
- M2 Presswire
- Article date:
- December 20, 2006
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M2 PRESSWIRE-20 December 2006-WORLD BANK: Brazil: World Bank Approves US$50 Million for Water Resources Management in the Northeast(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:19122006
WASHINGTON - The World Bank's Board of Executive Directors today approved a US$50 million loan for Brazil to enhance the impact of the Federal Water Resources Management Project - PROGUA, in the country's drought-prone Northeast Region. The new project builds on the successful implementation of a previous US$198 million World Bank loan approved in 1998.
"The semi-arid Northeast Region, with 35 percent of the population, has only 3 percent of Brazil's water resources," said Alexandre ...