World Bank Mulls New Strategy for Uganda

World Bank directors are considering a new country assistance program for Uganda. The proposed five-year plan, which covers fiscal years 2011 through 2015, focuses on four priority areas, namely promoting sustainable and inclusive economic growth, improving public infrastructure, strengthening human capital, and promoting good governance.

Under the strategy, the World Bank will provide USD1.87 billion over five years for development programs in Uganda.

Meanwhile, the Washington-based lender approved on May 25 a USD130 million international development credit to support the development of Uganda’s public health system. The loan will be spent on a project that covers training for health workers, renovation of health facilities and promotion of greater accountability within the sector.

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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.