World Bank Bolsters Cash Transfer Programs for Palestinians, Serbians

The World Bank announced Thursday (April 28) separate funding decisions that will benefit cash transfer programs in the Palestinian territories and Serbia.

The bank is granting $10 million to help around 5,500 poverty-stricken Palestinian families. In Serbia, a $100 million loan from the World Bank will be used to increase the number of low-income households receiving cash transfers as well as the amount of cash benefits of poor families with more than three members.

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About the author

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    Eliza Villarino

    Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.