World Bank Supports Brazilian State's Multi-sector Projects

The World Bank has approved a loan of USD485 million for multi-sector development projects in the Brazilian state of Rio de Janeiro. The funds will support projects that aim to develop the state’s basic education and health systems. It will also support initiatives to improve Rio’s fiscal management as well as investment climate through the creation of an efficient business registration process.

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.