World Bank Maps Out 2012-15 Aid Plan for Costa Rica

Students at a secondary school in Colombia. The World Bank plans to provide $400 million to the country from 2012 to 2015, half of which will go to improving the quality and access to higher education. Photo by: Charlotte Kesl / World Bank / CC BY-NC-ND

The World Bank plans to provide $400 million from 2012 to 2015 under a new country partnership strategy with Costa Rica.

Half of the funds will come in the form of loans to improve the quality and relevance of and access to higher education, particularly in priority disciplines such as science and technology, according to a World Bank press release.

The World Bank has likewise pledged support for the Costa Rican government’s plans to increase investments in public infrastructure by rendering technical assistance and sharing lessons learned from countries that have had success in dealing with public-private partnerships.

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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.