With IDA support, in just the last 4 years, more than 11.5 million people have directly benefited from IDA-focused investments in jobs. Photo Credit: Courtesy of The World Bank

Society South Asia1. July 2024

One Vital Partner, Millions of Lives Improved!

For more than six decades, South Asian countries have benefitted from the support of a vital partner—the World Bank. The Bank has contributed to improving millions of lives and delivering results in various sectors, such as agriculture and food security, education, energy, health, and infrastructure, thus boosting prosperity.

In the last four years, 85 million people benefitted from safety net programs, 25 million received essential health, nutrition, and population services, 3 million gained access to improved water sources, and 2 million gained access to improved sanitation services.

Countries like Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, and Pakistan were all at the receiving end of the World Bank’s International Development Association (IDA) implication. Indeed, IDA supports the resilience of human capital through the strengthening of health, education and, water supply and sanitation services, social safety nets; also, the strength to the impacts of climate change and natural disasters through investments in climate-smart culture, climate-resilient infrastructure, and low-carbon and renewable energy; and finally, the resilience of economies and markets through public financial management, mobilization of private capital, job creation, and increasing access to finance for businesses and small enterprises.

Source:
World Bank

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