— Chad is the 36th country to reach the completion point under the Heavily Indebted Poor Countries (HIPC) Initiative. This will help the country allocate more resources for poverty reduction and economic growth.
— A social safety net program in six African countries is providing families with cash and other benefits to protect against hunger, steadily reduce poverty and build resilience against climate change.
The World Bank Group’s emergency response to the Ebola crisis is to help stop the spread of infections, improve public health systems throughout West Africa, and assist countries in coping with the economic impact.
IDA is the part of the World Bank that helps the world’s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.