World Bank Reinstates Mauritania Aid

The World Bank has resumed its assistance to Mauritania after the political tension there eased,

reports. The bank would free up to USD14 million of the USD16 million funds frozen in 2008 following a coup that toppled the civilian government. The released funds will be spent on infrastructure projects. The economic team of the new government is competent and rigorous and it is prioritizing economic governance, said Madani Tall, the World Bank's country director for Benin, Togo, Mauritania, Cote d'Ivoire and Niger.

About the author

  • 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.