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Article: Burkina Faso -- World Bank approves US$45 million Poverty Reduction Support Credit.
- Article from:
- M2 Presswire
- Article date:
- August 27, 2001
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M2 PRESSWIRE-27 August 2001-WORLD BANK: Burkina Faso -- World Bank approves US$45 million Poverty Reduction Support Credit (C)1994-2001 M2 COMMUNICATIONS LTD
RDATE:24082001
WASHINGTON -- The World Bank's Board has approved a US$45 million Poverty Reduction Support Credit for Burkina Faso. The interest-free credit will support the implementation of the country's Poverty Reduction Strategy Paper as discussed by the Bank's Board in June 2000.
The Poverty Reduction Support Credit (PRSC) will help finance Burkina Faso's public expenditure program for 2001, and achieve better outcomes in the management of public resources by: (i) strengthening ...