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Home Finance

World Bank remain committed to Ethiopia

FurtherAfrica by FurtherAfrica
September 16, 2022
in Africa, Ethiopia, Finance
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The World Bank Group says it will remain committed to continuing its partnership with Ethiopia for the benefit of all Ethiopians despite its concerns about the conflict in the northern part of the nation.

The renewed conflict in northern Ethiopia broke out after a government-initiated five-month-long humanitarian truce collapsed on August 24, 2022.

Also read: Ethiopia Telebirr to ease payment for online govt services

In a statement today, the bank says the heightened level of conflict and fragility in Ethiopia “is of great concern.”

Multiple shocks including conflicts and historic drought have severely impacted millions of Ethiopians, jeopardizing the economic and social development progress the country has achieved in recent years.

The bank will stay consistent with its strategy to remain engaged in situations of conflict and fragility and to support greater resilience of Ethiopia’s people, the statement reads.

“The World Bank Group remains committed to continuing its partnership with Ethiopia for the benefit of all Ethiopians,” it said.

Also read: Ethiopian Aviation Academy targets students from Latin America

Accordingly, the World Bank Group is supporting Ethiopia to address its citizen’s demands for basic human services such as education, food security, health, clean water, livelihood support, women empowerment, social and environmental protection across the country, it added.

Related

Source: Ethiopian Monitor
Tags: clean watereconomicEducationEthiopiafood securityHealthlivelihood supportsocial and environmental protectionsocial developmentWomen empowermentWorld Bank GroupWorld Bank remain committed to Ethiopiaэфиопияأثيوبياエチオピア埃塞俄比亚
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