The World Bank pioneered global HIV and AIDS financing early in the emergency and remains committed to achieving Millennium Development Goal 6, to halt by 2015 and begin to reverse the spread of HIV and AIDS, through prevention, care, treatment, and mitigation services for those affected by HIV and AIDS.
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WASHINGTON, October 31, 2013 – The World Bank’s Board of Executive Directors has approved US$10 million today to help Kenya prepare to expand the Cash Transfer for Orphans and Vulnerable Children Project,... Show More + an initiative that is already supporting 153,000 selected Kenyan households through regular cash transfers.Monthly payments through the program have helped households to send orphans and vulnerable children to school and provide them with basic nutrition and health care. There is strong evidence that the program, which is financed by the Kenyan government and a multi-donor trust fund managed by the World Bank, has helped reduce child labor on farms and the vulnerability of adolescents in these households to HIV infection. The new IDA* credit will help the Kenyan government to systematically include more households as part of this effort, sustain its good results, and draw lessons from its success that can be applied to other cash transfer programs under the country’s overarching Show Less -