Dominican Republic, Mauritius Gain World Bank Funds

The Dominican Republic and Mauritius will be each receiving a USD20 million loan from the World Bank. The

will support the country's municipal development project, which aims to build local government capacities in the technical and financial fields. Meanwhile, the

s will finance a project to promote enterprise growth, employment and competitiveness in the country's manufacturing and services industries.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.