World Bank Launches New El Salvador Aid Strategy

The World Bank has launched a

for El Salvador. The new three-year scheme is expected to provide up to USD650 million in loans to support the country's anti-poverty and inequality programs. It will focus on three key areas: social achievements, income and employment support, and public sector development.

About the author

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    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.