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Madagascar, the World Bank investments not quite efficient #MyMadagascar #MahajangaMaVille

Madagascar, not quite efficient investments of World Bank

World Bank confirms its funding of 1,3 $ billion (about 1,2 billion EUR) to support Madagascar, and more particularly to the South of the country, one of the poorest regions, severely affected by malnutrition and drought. The announcement was made by the vice-president of the World Bank in Antananarivo, Tuesday 20 June, After a visit of three days in the deep South. Presents for several decades on the island, the World Bank is financing dozens of development projects, but the results are not always at the rendezvous.

A Madagascar, les investissements de la Banque mondiale pas assez efficients

Madagascar, World Bank investments not efficient enough by Hôtel★★★ Gourmet Restaurant Coco Lodge Majunga

"Why investments of World Bank in Madagascar have failed until now. ? "It's the first question that was asked of the vice-president of the Organization, Tuesday.

In the fight against hunger, the results of the programs launched by the Bank are slow in coming. In the country, nearly half of the children under the age of 5 suffer from chronic malnutrition. 36 million euros to support 140 000 vulnerable families have already been distributed in a previous project. Keith Hansen, the vice-president of the institution, Nuance critics, but concedes that progress remains to be done.

« The challenges are enormous, recognize, but during our visit in the South, We also found promising signs. Nutrition programs, cash transfer and social protection went from the status of emergency response to effective responses on the long term. I know that these improvements we found are still minority in the South, but it shows that it is possible to achieve. To get results, Madagascar must now intensify and expand these programs and this is the reason for which we do not yet of significant progress. For this, We need a national investment and strong commitment of departments. »

The World Bank this time goal : support the development of children under the age of 5 years. On the 1,2 billion euros promised by the Organization, at least 225 million will be dedicated to the fight against malnutrition, access to health and education.

By Hôtel★★★ Restaurant gourmand Coco Lodge Majunga

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