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Article: World Bank approves US$505 million in support of Brazil's human development agenda; First loan to Brazil's new administration promotes better targeting, better distribution and better impact of social spending.
- Article from:
- M2 Presswire
- Article date:
- February 26, 2003
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M2 PRESSWIRE-26 February 2003-WORLD BANK GROUP: World Bank approves US$505 million in support of Brazil's human development agenda; First loan to Brazil's new administration promotes better targeting, better distribution and better impact of social spending(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:02252003
WASHINGTON -- The World Bank Board of Directors today approved a first US$505 million Programmatic Human Development Sector Reform Loan for Brazil. The loan supports Brazil's accelerated program of human development reforms. This program is important to reducing hunger and poverty by improving the quality and reach of public spending in education, ...
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