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Madagascar: World Bank and Japan unlock more than 87 million for the Island




In the wake of the announcement by President Hery Rajaonarimampianina on his return from the United States earlier last week the release of 300 million dollars from the World Bank, the Bank has already delivered 65 million dollars to Malagasy authorities as part of a program "for food security and social protection" in the Island.
 
These funds will be invested in priority areas (Vakinankaratra, Amoron'i ' i Mania, Haute Matsiatra, Ihorombe and Menabe) seriously affected by the massive invasion of migratory locusts and to allow 9 million Malagasy people who live from agriculture to be supported.
 
10 million dollars was also allocated to the sectors of education, health and nutrition of pregnant women as well as those who are breastfeeding and should covered 2.6 million people throughout Malagasy territory.
 
Meanwhile, the Japanese Government has granted a donation of 12.66 million dollars, managed by the World Bank, to increase rice productivity in Marovoay, in the Itasy and near lake Alaotra, as reported by the newspaper Courrier of Madagascar.



Antso Rajaona


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