World Bank OKs New Strategy for Chile

A panoramic view of Santiago, Chile. The World Bank has released its new country strategy for Chile. Photo by: Diego Haristoy

The World Bank approved Feb. 15 a new strategy for Chile. The 2011-2016 plan targets state modernization, employment generation, equity improvement, and promotion of sustainable investments.

The strategy covers a project portfolio worth USD220 million. It also includes an annual funding of USD400,000 to support studies, which will also receive counterpart Chilean government funding that is twice their yearly allocation from the World Bank.

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About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.