The World Bank issued a US $30 million credit on Friday that will help finance the 2000/01 portion of Sierra Leone's National Rehabilitation and Recovery Programme (NRRP), a World Bank news release said.
The credit will "help provide critical balance of payments and budgetary support to finance part of the costs of the government's programme to establish social, economic and protective security and help kick start the economy back into gear," it said.
The proceeds, the news release continued, will allow the import of essential commodities necessary to relaunch the economy, including food products, petroleum products, and raw materials. The local currency generated will enable the government to restore basic services, including the restoration of law and order.
The funds will also contribute to the transitional safety net for former combatants, operated by the disarmament, demobilisation and reintegration programme, as they begin their reinsertion into civilian life.
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