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Guyana: World Bank approves $9.6 million grant to strengthen economic governance and reduce poverty.

Publication: M2 Presswire
Publication Date: 28-APR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 April 2006-WORLD BANK: Guyana: World Bank approves $9.6 million grant to strengthen economic governance and reduce poverty(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:27042006

WASHINGTON - The World Bank's Board of Directors today approved a $9.6 million International Development Association (IDA) grant to support the government of Guyana in its efforts to strengthen economic governance and reduce poverty. In particular, the new program aims to improve transparency, accountability and efficiency with which resources are used across the public sector, including by strengthening the role of Parliament in fiduciary oversight.

"We have found that in many countries strengthening fiduciary oversight, notably through effective parliamentary...



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