Indian Ocean Times - only positive news on indian ocean

Madagascar: World Bank provides an emergency assistance of 75 million for the Island

In the wake of the recognition of the international community to elect the new elected President Hery Rajaonarimampianina and after five years in power of the regime of Transition in Madagascar, the World Bank provided emergency assistance of 75 million dollars to the Island and its people.
An initial budget of 65 million dollars will thus be allocated to face the worst locust threat plaguing the country and also to fight against the impact of drought in Madagascar.

Ten million dollars will also be provided to support the population in the priority sectors of education, health and food security in the Island, as shown in the newspaper L'Express of Madagascar.
"Because of the convergence of several factors (political crisis, drought, locust invasion, extreme poverty), it is increasingly difficult to ensure food security for the poorest people of Madagascar. Many of them merely have only one daily meal, others cannot even eat every day. Faced with this situation, the World Bank, under its mandate, ought to take emergency measures, "said Haleh Bridi, responsible for international financial institution, to the islands of the Indian Ocean.

Antso Rajaona

More from Indian Ocean Times :
< >

Monday, April 11th 2016 - 07:19 A new Prime Minister for Madagascar

Friday, March 4th 2016 - 05:00 The Antananarivo declaration