world bank approves 10m grant for chad
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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World Bank Approves $10m Grant for Chad

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Arab Today, arab today World Bank Approves $10m Grant for Chad

World Bank
Washington - QNA

The World Bank’s Board of Directors approved a US$10 million grant to help Chad develop and implement a national safety nets system aimed at providing direct assistance to 15,000 poor and vulnerable households in Chad’s rural and urban areas.

    This project targets poor households with children under the age of 15 and pregnant women. Cash transfers, which will support household consumer expenditures over a two-year period, will be accompanied by measures to improve the hygiene practices of mothers and the nutrition of children. They also seek to prevent households from adopting negative coping strategies in response to a shock, according to world bank press release.

    The Safety Nets Project, financed by the International Development Association (IDA) and the Sahel Adaptive Social Protection Multi-Donor Trust Fund, will support programs targeting 6,200 poor households in the Sahelian belt and the South Sudan area.

    These households will receive a monthly sum of CFAF 15,000 (US$25) every two months. The project will also provide income-earning opportunities for close to 9,000 poor households in N’Djamena’s urban and periurban areas.

    The participants will be offered employment for a maximum period of 80 days and will be paid a daily wage of approximately CFAF 1,200 (US$2) for five hours of work per day. In most cases, the payments will be made to the mothers. This transfer is equivalent to roughly 50 percent of the food poverty gap and is expected to help households stabilize their consumption without discouraging them from working.

    Consistent with Chad’s National Social Protection Strategy (SNPS), the project will help develop sustainable safety nets that support the most indigent families. A safety nets unit was established by the Ministry of Economy and Development Planning in collaboration with the Ministry responsible for Women and Family Affairs and National Solidarity, with a view to establishing a team of technical experts to implement the project.

    All necessary technical and financial resources have been placed at its disposal to enable it to successfully fulfill its mission and work independently. 

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world bank approves 10m grant for chad world bank approves 10m grant for chad

 



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