Page 2 - Development Policy Financing Operation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Development policy financing operation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Development Policy Financing Operation Today - Breaking & Trending Today

Cabo Verde's Social Safety Net: Responding to the COVID-19 Crisis through Temporary Cash Transfers to the Poorest Households - Cabo Verde

Cabo Verde’s Social Safety Net: Responding to the COVID-19 Crisis through Temporary Cash Transfers to the Poorest Households
Format
As a response to the negative economic effects resulting from the COVID-19 pandemic, the Government of Cabo Verde rapidly provided temporary cash transfers from July-December 2020 to 5,450 households, using its existing social protection delivery systems. A further expansion is underway to reach a total of 20,000 households between January and June 2021, of which over 80 percent are female-headed households. These cash transfers will enable them to better cope with the crisis.
Challenge
Strict containment measures were adopted in March 2020, and a state of emergency was declared for the first time in the country to reinforce the COVID-19 containment measures. Cabo Verde was one of the hardest hit countries in the region in terms of the economic downturn. The economy was projected to contract by 11 percent in 2020, and the pandemic wa ....

Cabo Verde , International Development Association , Development Policy Financing Operation In Cabo Verde , United Nations Children Fund , World Bank Group Contribution , World Bank , International Labor Organization , Social Inclusion Project , United Nations Children , United Nations , Development Policy Financing Operation , கோபோ வர்டீ , சர்வதேச வளர்ச்சி சங்கம் , ஒன்றுபட்டது நாடுகள் குழந்தைகள் நிதி , உலகம் வங்கி குழு பங்களிப்பு , உலகம் வங்கி , சர்வதேச தொழிலாளர் ஆர்கநைஸேஶந் , சமூக சேர்த்தல் ப்ராஜெக்ட் , ஒன்றுபட்டது நாடுகள் குழந்தைகள் , ஒன்றுபட்டது நாடுகள் , வளர்ச்சி பாலிஸீ நிதி செயல்பாடு ,

Helping Build the State in Somalia: Financing, Financial Management, and Federalism

Photo: Hassan Hirsi and Warsame Gure, World Bank
The Recurrent Costs and Reform Financing project has supported day-to-day functioning and financial management systems of key ministries of the federal and subnational governments in Somalia. Specifically, through its three phases, the project has supported the federal dialogue and funded basic services critical for peace building and reconstruction of the fragile state.
Challenge
After more than twenty years of conflict, Somalia is currently on a path of political stabilization and reconstruction. Important milestones include the adoption of the Provisional Constitution in 2012, peaceful presidential elections in 2012 and 2017, and an agreement on a federal political system, including the establishment of Federal Member States (FMS). However, numerous challenges prevail, such as weak government capacity, asymmetric federal structures, security concerns, human capital deficits, and low levels of sta ....

United States , United Kingdom , Hassan Hirsi , Somalia Development , Ministers Fiscal Forum , International Monetary Fund , European Union Budget , World Bank , International Development Association , World Bank Group Contribution , Peacebuilding Fund , Development Policy Financing Operation , European Union , African Development Bank , International Monetary Fund Staff Monitored Program , Partner Fund , Provisional Constitution , Federal Member States , Federal Government , Heavily Indebted Poor Countries , Recurrent Costs , Reform Financing Project , Finance Ministers Fiscal Forum , Photo Credit , Project Implementation Unit , Federal Ministry ,