World Bank and UN Action for Refugees

World Bank and UN Action for Refugees

World October 11, 2015 10:11

- The World Bank and the United Nations want to make more money with new financing instruments for countries in the Middle East and North Africa faced by many refugees . In addition, there will be more money for countries in the region affected by conflict or in need of significant investment to build their economies.

The institutions want to ensure that more money is released via two mechanisms. On one side are then issued bonds guaranteed by donor countries for the financing of reconstruction and other projects for economic recovery.

Alternatively donations can be used for targeted assistance to countries which many refugees opvangen. VN chief Ban Ki-moon stressed Saturday (local time) at the presentation of the plans in Lima that worldwide there are more conflicts than ten years ago and that conflicts are becoming increasingly complex. The number of refugees is therefore increased to the highest level since World War II, he.

In put the past four years, according to the UN more than 15 million people in the Middle East and North Africa beaten on the run. This puts great pressure on the countries in the region hosting the refugees, while these countries often already face greater economic challenges.

It is our joint responsibility to support the region at this critical time, said World Bank president Jim Yong Kim in that context. There are significant resources required. More than individual countries or organizations can afford.

Leave a comment

The is not responsible for the content of external sites.


Back to Top