World Bank to Help Avert Acute Shortages of Critical and Lifesaving Commodities in Burundi
Published on: Tuesday 09 January 2024
The World Bank will support the acquisition of fertilizers and pharmaceuticals through contingent financing aimed at tackling pressing shortages in the market, helping prevent individuals and households from sinking deeper into poverty in Burundi. Through the International Development Association (IDA), a $40 million grant will be provided to allow commercial Banks in Burundi to have access to an import backstopping facility.
