{"id":4616,"date":"2021-10-16T09:40:29","date_gmt":"2021-10-16T09:40:29","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger"},"modified":"2021-10-16T09:57:41","modified_gmt":"2021-10-16T09:57:41","slug":"lesotho-receives-m280m-world-bank-grant-to-fight-hunger","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger","title":{"rendered":"Lesotho receives M280m World Bank grant to fight hunger"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/lesotho\">Lesotho<\/a>. <\/strong><\/span>LESOTHO has received a whopping M280 million-grant from the World Bank to help reduce the devastating effects of drought. The grant was recently approved by the World Bank Group\u2019s board of directors.<\/p>\n<p>In a statement this week the World Bank said the \u201cfunds will help the Government of Lesotho improve the shock responsive function of its ongoing social assistance programmes as parts of its emergency response to the El Nino drought.<\/p>\n<p>\u201d<br \/>\n\u201cThis additional financing will support the Ministry of Social Development\u2019s use of the social protection system to identify and deliver emergency relief to at least 26 000 poor and vulnerable households,\u201d the bank said.<\/p>\n<p>\u201cIt will also help strengthen the long term impacts of social assistance, building on the existing Social Assistance Project, by furthering support to increased enrollment in the National Information System for Social Assistance and the Child Grant Program\u201d.<\/p>\n<p>Ranked amongst the poorest countries in the world, Lesotho is already grappling with the impact of the drought which forced government to declare a state of emergency and scrounge for resources to subsidise basic commodities whose prices had rocketed because of the drought.<\/p>\n<p>The drought came at a time when Lesotho\u2019s food production was on a slide, leaving the majority of the 60 percent its 2 million people who live in rural areas vulnerable. Minister of Social Development, Molahlehi Letlotlo, said the grant would help government provide relief for vulnerable households.<\/p>\n<p>\u201cThrough this Additional Financing, the World Bank is supporting the Government\u2019s efforts in providing relief to vulnerable households affected by the current drought, by using the existing systems in place, while also ensuring that the social protection addresses long term vulnerabilities,\u201d Letlotlo said.<\/p>\n<p>The World Bank said the Social Assistance Project which became effective in July 2016 is aimed at improving the efficiency and equity of five of the country\u2019s social assistance programmes.<\/p>\n<p>Such programmes include the Child Grant, the Orphans and Vulnerable Children Bursary Scheme, the Post Primary Bursary, the Public Assistance and the Old Age Pension scheme. The grant is provided through the Crisis Response Window of the World Bank\u2019s International Development Association (IDA).<\/p>\n<p>Established in 1960, the IDA helps the world\u2019s poorest countries by providing grants and low to zero-interest loans for projects and programmes that boost economic growth, reduce poverty, and improve poor people\u2019s lives.<\/p>\n<p>\u201cThe additional financing will help ensure that the originally predicted gains from Lesotho Social Assistance Project are not lost due to the impact of the current drought,\u201d the bank said.<\/p>\n<p>\u201cIt will also allow the government to design and pilot interventions to strengthen the resilience of poor and vulnerable households.<\/p>\n<p>These interventions will contribute to bridging the gap between social assistance beneficiaries and programmes that help increase productive potential such as those in agriculture and forestry.<\/p>\n<p>\u201d<br \/>\nIvan Velev, the World Bank Acting Country Director for Lesotho, said \u201cby seeking to improve the shock-responsive functions of its social protection system, the Government of Lesotho is breaking ground.<\/p>\n<p>\u201d<br \/>\n\u201cShock-responsive social protection is a new and promising area which seeks to ensure that social protection systems can be used to provide emergency response, thus ensuring that those in need are reached in an effective and efficient manner,\u201d Velev said.<\/p>\n<p>The bank noted that \u201cthe additional financing will also strengthen key aspects of social assistance that make it an effective crisis response mechanism, through reinforcing its tools to identify vulnerable households in times of crisis, improving the efficiency of programmes and payment systems, and establishing explicit linkages with emergency response operations.<\/p>\n<p>\u201d<br \/>\nThe IDA is one of the largest sources of assistance for the world\u2019s 77 poorest countries, 39 of which are in Africa.<\/p>\n<p>Resources from IDA bring positive change to the 1.3 billion people who live in IDA countries. Since 1960, IDA has supported development work in 112 countries. Annual commitments have averaged about US$19 billion over the last three years, with about 50 percent going to Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. LESOTHO has received a whopping M280 million-grant from the World Bank to help reduce the devastating effects of drought. The grant was recently approved by the World Bank Group\u2019s board of directors. In a statement this week the World Bank said the \u201cfunds will help the Government of Lesotho improve the shock [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":4615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8,16],"tags":[233,246,278,245,562],"class_list":["post-4616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-bank","tag-lesotho","tag-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lesotho receives M280m World Bank grant to fight hunger - Lesotho<\/title>\n<meta name=\"description\" content=\"LESOTHO has received a whopping M280 million-grant from the World Bank to help reduce the devastating effects of drought ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lesotho receives M280m World Bank grant to fight hunger\" \/>\n<meta property=\"og:description\" content=\"LESOTHO has received a whopping M280 million-grant from the World Bank to help reduce the devastating effects of drought ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-16T09:40:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-16T09:57:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2021\/10\/img-616aa1f42c721.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1900\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Lesotho receives M280m World Bank grant to fight hunger\",\"datePublished\":\"2021-10-16T09:40:29+00:00\",\"dateModified\":\"2021-10-16T09:57:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger\"},\"wordCount\":657,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2021\/10\/img-616aa1f42c721.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Bank\",\"Lesotho\",\"world\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/lesotho-receives-m280m-world-bank-grant-to-fight-hunger\",\"name\":\"Lesotho receives M280m World Bank grant to fight hunger - 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