Burundi risks losing USD 40 million in World Bank funds because its divided parliament has failed to ratify the grant, the country’s vice-presidency has warned. The World Bank allocated USD 40 million to Burundi to tackle poverty in the 116 communes, but opposition lawmakers have so far refused to ratify the convention, spokesman Steve De Cliff told reporters Sunday. The World Bank will accept an extension until August 21 but after that the aid will be cancelled, he said. (AFP)

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