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World Bank approves funding for projects

    NAIROBI
    The World Bank has approved a total of $114.9 million for two development programmes it is supporting in Uganda: the Local Government Development Programme and the Second Economic and Financial Management Programme. The $80.9 million equivalent Local Government Development Programme will support the government of Uganda's national development strategy, contained in its Poverty Eradication Action Plan (1997). The plan is designed to ensure that the benefits of development are widely spread throughout the population. The objective of the $34 million equivalent Second Economic and Financial Management Project is to improve the effectiveness of public expenditure management, such as government planning, budgeting, financial management, monitoring and evaluation.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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