World Bank grants $20m to Haiti

The World Bank has given $20m to Haiti for cleaning up its public resources and making them more transparent.

World Bank grants $20m to Haiti

The World Bank has given $20m to Haiti for cleaning up its public resources and making them more transparent.

The grant will help Haiti improve public financial management, procurement practices and performance of the national electrical company.

It will also create a tracking system to monitor budgets and a single treasury account to manage funds.

The grant is the third approved for Haiti by the World Bank since last month.

One was for a $70m maternal and child health project and the other for a $20m development and investment project.

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