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Haiti - Reconstruction : Grants of $90MM for Maternal Health and the Business Sector 23/05/2013 10:19:56
About 1.8 million women and children will benefit from a grant from the International Development Association (IDA) approved today by the Board of Directors of the World Bank. The US$70 million grant will increase access to maternal and child basic health services, while the whole economy will benefit from another grant for US$20 million, which will improve the country’s business climate to attract private investment and generate growth. The US$70 million Improving Maternal and Child Health through Integrated Social Services Project will increase access to and use of maternal and child health, nutrition and social services in at least three Departments: West, Northeast and Northwest. The project, which is co-financed by a US$20 million grant from the Multi-donor Trust Fund for Health Results Innovation, will benefit 1.8 million people, including pregnant women, children under five and vulnerable families. Specifically, the project will :
The second project approved today for US$20 million -"Business Development and Investment Project" will foster economy-wide business environment reforms, in order to spur local and foreign private investment and job creation in light manufacturing, apparel, tourism and agribusiness, among others. The project includes a plan to support the growth of micro, small and medium enterprises by simplifying procedures to obtain operational licenses and certifications, as well as improving access to finance and transparency in competition. The project will also improve the regulatory and institutional framework governing Integrated Economic Zones (IEZs), and assist the government in the preparation of feasibility studies for at least one new IEZ outside of Port-au-Prince. By providing training and technical assistance, the project will build the capacity of micro, small and medium enterprises and help them increase production volume, standardize products, reduce costs and increase income through investment grants. HL/ HaitiLibre
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