World Bank aid for poor

The World Bank has approved provision of $20 million to help poor and vulnerable families in Siem Reap and Phnom Penh increase their income, build skills and construct small-scale community infrastructure. The bank’s board of executive directors approved the funding for the Livelihood Enhancement and Association of the Poor Project on February 24. The project aims to improve access for poor and vulnerable households in selected communities to financial services, and provide opportunities for generating income and creating small-scale infrastructure. Another objective is to provide an immediate and effective response in case of a crisis or emergency, the bank says.

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