development projects in moldovaOnce considered one of the richest states in the former Soviet Union, Moldova is currently one of the poorest countries in Europe. The Moldovan economy heavily relies on agriculture. Development projects in Moldova mostly focus on fostering democratic governance and economic growth in the country, and poverty reduction is a primary goal for these projects.

Here are five ongoing development projects in Moldova.

  1. Moldova Competitiveness Project (MCP)
    Implemented by Chemonics International, Inc., MCP (2015-2020) aims to improve efficiency and competitiveness in Moldovan industries in order to support Moldova’s efforts to foster a strong, export-oriented economy. Some of the project’s goals include improving the quality of Moldovan products and services, increasing productivity and technical skills in the labor force and expanding market linkages. These goals are expected to increase incomes, reduce poverty and emigration and enable Moldova to compete within the E.U. and other high-value markets.
  2. Development Credit Authority (DCA)
    DCA (2011-2028) helps, “Moldovan financial institutions to increase financing for local small and medium-size enterprises (SMEs) through a loan guarantee mechanism.” The main goal is to increase economic opportunities and improve the Moldovan private sector’s competitiveness. Additionally, it aims to improve Moldovan energy efficiency.
    Current DCA programs in the country include two guarantee facilities. One of them supports the Moldovan Information Technology (IT) sector in order to increase loans to IT firms for capital and long-term investments and support loans to IT professionals for mortgages, thereby improving quality of life and providing continued support to investments in the country.
    USAID Moldova and Swedish International Development Cooperation Agency (SIDA) launched the second guarantee in 2014 to “support lending to the energy sector,” in order to improve Moldovan SMEs’ efficiency, thereby strengthening their “commercial viability and growth in an environmentally sustainable manner.”
  3. Moldova Sustainable Green Cities
    With a budget of $2.7 million, this project is set to run from 2017 to 2022 and catalyze investments in low carbon green urban development with an integrated urban planning approach. The project seeks to achieve its goal by encouraging innovation and participatory planning and partnerships with various public and private sector entities. The goal is to improve the quality of life and advance opportunities for sustainable economic growth in Moldova. Primarily, the project aims to establish a sustainable Green City Lab that would continue to operate after its closure.
  4. ICT Excellence Center (ICTEC) Project
    Under this 36-month project, USAID will launch and develop an ICT Excellence Center in Moldova in collaboration with the government and the private sector. Through this development project in Moldova, USAID aims to bring “significant new resources, ideas, software, technologies and development activities, such as training, practical assignments and mentoring programs” to the country. The project will support the setup and equipment needs, the creation of a relevant business plan, training of qualified staff and the expansion of educational and entrepreneurial development activities.
  5. Export-led Development of Organic Agriculture in Moldova
    Implemented by People in Need, this project builds on previous support for organic agriculture in Moldova. It specifically focuses on developing the local organic market and sustainable extension services, preparing Moldovan farmers to export products for the sustainable “advancement of the entire sector.”

Most of these development projects in Moldova aim to improve its presence within the E.U. and other competitive markets in order to enable the people of this nation to lift themselves to a higher quality of life. With similar continued investment in the Moldovan community, industry and infrastructure, there is hope that Moldova will be able to reach this goal.

– Mehruba Chowdhury

Photo: Flickr

In 2017, the government of Zambia launched it’s seventh National Development Plan (NDP), running until 2021. Through this plan, the Zambian government aims for the country to become a thriving middle-income nation by 2030 by building on previous NDPs. Here are five development projects in Zambia to know about.

  1. Infrastructure is one of the top priority development projects in Zambia, and is upheld in the country’s National Vision 2030. From 2017 to 2021, $8.75 billion will be invested in Zambia’s infrastructure. Some of the funding focuses are $4.7 million in rebuilding railroad transportation, $2.4 million funding the energy sector, $788 million to the airports and $493 million to road funding.
  2. Improving health services is a critical element to achieving the Vision 2030. The health services model has been re-engineered to punctuate health promotion, disease prevention and alternative and rehabilitative services in “close-to-client” settings. In 2017, the Ministry of Health, with the support of the Centers for Disease Control and Prevention Zambia, developed the national eHealth 2017-2021 strategy document.
  3. In June 2016, the government of Zambia launched the World Bank-funded project, Girls’ Education and Women’s Empowerment and Livelihoods (GEWEL) Project. The $65 million project has the objective to increase livelihood support for women and increasing secondary education for disadvantaged adolescent girls living in extremely poor households in certain districts. According to the World Bank, the aim of the project is “to provide 14,000 girls with secondary school bursaries, and 75,000 women with productivity grants to start small businesses.” A year later, reports show this development project in Zambia has gained roots. So far, the project has paid the tuition fee of 8,669 girls and counting.
  4. Poaching and illegal wildlife trafficking have Zambia’s tourism under threat. In May 2016, through the Community Forest Program, USAID funded a canine program that combats wildlife crime first hand. Four handlers and their dogs were funded by USAID for the initial three-month intensive program. USAID has reported that the, “highly trained detection dogs have imprinted on the scent of ammunition, bushmeat, ivory, pangolin and weapons such as rifles.” As of September 2017, 23 suspected poachers have been apprehended thanks to the canines, as well as firearms, ivory and live animals.
  5. There has been a paradigm shift in the macroeconomic framework from a sectoral to an integrated development approach. This multisectoral approach aims at dealing with domestic challenges and climate changes, as well as gainful and productive employment. One of the policy’s specific objectives is to create productive job opportunities while improving the country’s competitiveness.

With most of these projects gaining momentum, the outcome for 2021 shouldn’t be a surprise. Development projects in Zambia are not only helping to improve the lives of locals, but also to allow the nation to compete on a global scale.

– Tara Jackson

Photo: Flickr

development projects in namibiaNamibia lies on the southwest coast of Africa and is comprised of both mountains and desert. The climate and terrain pose multiple challenges to its citizens. Nonetheless, nearly 2.3 million people still inhabit this country, 54.3 percent of which live in rural areas. Here are four development projects in Namibia, many led by the United Nations Development Programme (UNDP) working to make life easier for these citizens.

Scaling up Community Resilience to Climate Variability

Namibia has consistently faced problems over the years relating to water scarcity. In 2013, the country fought an intense drought that endangered one million of the 2.3 million people living there. As one of the driest countries in Southern Africa, Namibian farmers depend on rainy seasons to make a living. It did not arrive in 2013.

This UNDP project focuses on enhancing protective measures to ensure food and water security despite climate variations. The project focuses specifically on women and children. Close to 80 percent of the 4,000 involved households are led by women. The project also includes children from 75 Namibian schools.

The project will result in the use of sustainable agricultural practices and the restoration of wells and floodwater pools by the end of 2019.

Sustainable Management of Namibia’s Forested Lands (NAFOLA)

Namibia’s forests are vital to its citizens. In such a dry climate, forests promote biodiversity and water conservation, prevent soil erosion and provide food and resources for the Namibian people. Through this five-year project, the goal is to strengthen 11 community forests and promote community use and management of the resources NAFOLA provides.

This is one of the development projects in Namibia that also promotes sustainable agriculture and livestock practices. In turn, it aims to put less pressure on forest resources.

The Global Fund Grant to Combat Tuberculosis

Namibia ranks fourth on the list of countries worst affected by tuberculosis (TB). In 2014, 9,882 people were diagnosed with the disease, a 7 percent decrease from 2013.

The Global Fund to Fight AIDS, Tuberculosis and Malaria has given a $25.6 million grant to the Namibian Ministry of Health and Social Services to fight Tuberculosis within the country. This project includes enhancing patient quality of care and management of those living with TB and HIV as well as Multi-Drug Resistant TB.

Protected Areas System Strengthening to Sustainably Address New Management Challenges in Namibia (PASS Namibia)

Namibia is home to 21 Protected Areas consisting of forests, deserts and grasslands. These areas are also hosts to a diversity of species which includes mammals, birds and amphibians. Furthermore, 44 percent of this land is under conservation management.

This project was initiated in an effort to make Namibia a more advanced tourist destination. Not only does environmental tourism boost local economies, but it can also provide much-needed revenue to keep up with conservation efforts. The project also hopes to gain support for the implementation of an institutional framework by 2018 that will prolong conservation efforts.

The support of development projects in Namibia can make a significant difference for the citizens who live there. These projects will give Namibians a more sustainable and secure future.

– Megan Burtis

Photo: Flickr

Five Development Projects in Dominica

The Commonwealth of Dominica, not to be confused with the Dominican Republic, is a beautiful country located in the Caribbean. While the nation is still developing, it is making a lot of progress in improving its economic state. These five development projects in Dominica are helping to reduce poverty in the country.

  1. River Defense Wall Project
    Like many Caribbean countries, Dominica is greatly affected by hurricanes. The country aims to lessen the effects of hurricanes with this project. In addition, the River Defense Wall Project has social and economic benefits. Local citizens were hired to help build the wall and it is critical in its ability to preserve human life.
  2. New Housing Project
    Investing in housing is important to developing an economy because it reduces homelessness, which could in turn reduce poverty. This project will create homes, retail outlets and jobs for people in one fell swoop. The homes will reduce homelessness and the outlets will increase foot traffic and spending in the area, which will boost the economy and reduce poverty. Of the current development projects in Dominica, this one could be the most far-reaching.
  3. Disaster Vulnerability Reduction Project
    In the late summer of 2017, Dominica was struck by Hurricane Maria. The country needs to rebuild, and this project seeks to aid in that task. The Disaster Vulnerability Project will reduce vulnerability to natural hazards and climate change impacts in Dominica by investing in resilient infrastructure and improving hazard data collection and monitoring systems, according to the World Bank. This project has already helped the country rebuild roads that were damaged by the hurricane.
  4. Small Business Development Project
    It is well known that one way to reduce poverty in a country is to create jobs and develop entrepreneurial skills. This project aims to support small businesses in the country in order to accomplish that goal. The funding from this project goes toward staff training and obtaining equipment that the potential business will need.
  5. The Second Chance School Project
    Another important way to reduce poverty is to invest in education. A person can increase their earnings by 10 percent with every year they are in school. This project’s goal is to improve individuals’ skills in order to better prepare them for the future. It focuses on teaching basic skills, such as woodwork or hospitality, in addition to math and English. Sometimes a trade skill is involved. Because of its collaboration with the From Offending to Achieving program, this project is also being used to educate individuals rather than incarcerate them.

Tourism is a major source of income in Dominica, but that is not necessarily the best way to sustain an economy. With these development projects, Dominica can grow its economy and reduce poverty in many different ways.

– Dezanii Lewis

Photo: Flickr

development projects in guineaWith an abundant range of humanitarian and economic issues, foreign aid and development projects in Guinea impact topics ranging from creating sustainable energy sources to fighting and preventing the spread of the Ebola virus. Here are five projects that have contributed to the improvement of Guinea.

  1. The installation of the Kaleta hydropower plant in May of 2015
    Located on the western African shore and home to over 12.6 million people, Guinea contains a large amount of potential energy through 12 main rivers. With only 26 percent of Guinea’s population living with electricity, the potential for hydroelectric energy to improve the country’s situation is huge. Many development projects in Guinea work toward creating accessible electricity, thereby strengthening the country’s ability to react to emergencies such as Ebola.
    According to USAID, in 2015, when Electricité de Guinée (EDG) began its management of the national grid with funding from the World Bank, one huge accomplishment was the installation of the Kaleta hydropower plant. The hydropower plant approximately doubled the output of electricity in Guinea and is beginning to meet the nation’s demand.
  2. China’s response to the Ebola outbreak
    The more access to electricity and communication that Guinea has, the more prepared and reactionary it can be to outbreaks like Ebola. According to the World Health Organization (WHO), about 11,310 Ebola-related deaths were confirmed in western African countries like Guinea, Liberia and Sierra Leone. With an insufficient number of medical supplies and personnel, patients were reported dying while waiting in line for treatment.
    One of several development projects in Guinea was driven by the Chinese government. The Chinese government gave over $4.5 million to West African countries, including Guinea, to fight the recent Ebola outbreak in 2014. China sent medical supplies as well as personnel to assist Guinea in treating patients. All efforts were directly coordinated with WHO as well as with the United Nations.
  3. StopPalu project
    Another disease that wreaks havoc on Guinea’s population is malaria. As a preventable and curable disease, malaria impacts large amounts of Guineans every year following the rainy season, according to USAID. While the disease is treatable, it can be very costly for poor families.
    Garambé, a town in Guinea, was plagued with malaria so frequently that people began accepting it as the norm. USAID’s program, the StopPalu project, aimed to strengthen malaria resistance by 50 percent by 2017, and began distributing 3.3 million insecticide-treated bed nets, proven to have drastically reduced the spreading of malaria, in 2013. According to Assietou Diallo, the head nurse at the Garambé health center, the usual 50 malaria patients per month has been reduced to under 10 patients thanks to preventative measures.
    StopPalu also has trained about 1,300 volunteer medical personnel to help identify and treat malaria. This measure helps patients in remote villages who cannot travel to medical centers.
  4. Girl-friendly school EAF (Aide et Action)
    Another issue that plagues Guinea is the severe lack of education for women and children. About 40 percent of children are out of school, and only about 30 percent of young girls are literate.
    One of the reasons that attendance in schools is so low in Guinea is because many children are tasked with taking care of domestic issues and tending to crops. Without a proper education, issues such as poor family planning and the spread of HIV/AIDS rise to the surface of Guinean societies.
    Girl-friendly school EAF, which lasted from 2014 to 2017, combated these issues by working to improve educational systems in Guinea. This project aimed to improve education in rural areas by training instructors on better methods of teaching as well as on how to remove obstacles that prevent girls from receiving their education. The Turing Foundation contributed €150,000 to this educational development project.
    Roughly one out of three children in Guinea are affected by malnutrition and suffer from growth stunts, according to UNICEF. However, several African countries have agreed to a program designed to use micro levies to fund the fight against malnutrition, UNITLIFE, agreeing to use their natural resources to provide nutritious food to hungry children. Adopted in 2015, the levies were predicted to produce $100 million to $200 million in one year.

These development projects in Guinea will pave the way for sustainable prosperity by giving citizens the opportunity to be healthy and well-educated.

– Austin Stoltzfus

Photo: Flickr

The Central African Republic (CAR) is an impoverished country that suffers from continued violence, conflict and instability. As of 2016, the country ranked last out of 188 countries on the Human Development Index. Development projects in the Central African Republic are needed, and thus, many organizations are working in the region.

At a 2016 global conference, the international community pledged $2.2 billion to help meet CAR’s most urgent needs. Here are five development projects in the Central African Republic that are making a difference.

  1. The Rural Connectivity Project in the CAR is working to give people in rural areas greater access to markets and social services. This will be accomplished through rehabilitation and maintenance of roads, resettlement and emergency preparedness. The project has received $45 million to accomplish these objectives.
  2. The LONDO Project is a development project in the Central African Republic that is designed to support social and economic recovery. The project also facilitates peacebuilding in the country. These objectives are achieved through a combination of methods including improving governance, improving infrastructure and increasing employment. Twenty million dollars has been allocated to this project.
  3. The European Commission’s Bêkou Trust Fund Program is seeking to improve the economic and political landscape of the Central African Republic. The goal of the fund is to help the country transition from short-term disaster relief to long-term development. This includes re-establishing essential services and utilities, increasing economic opportunity and working toward political stability.
  4. The Reintegration of Ex-combatants project supports reintegration into communities and works to improve the overall social and economic infrastructure of host communities. This program works in four steps that are represented by the acronym DDRR— Disarmament, Demobilization, Reinsertion and Repatriation. The budget for this project is $30 million.
  5. USAID’s Central Africa Regional Program for the Environment (CARPE) supports low-emission development in the Central African Republic and the surrounding area. This includes supporting sustainable forest management, biodiversity conservation and climate change mitigation. The program is currently in its third phase, which focuses on institutionalizing conservation monitoring approaches. This phase is slated to continue through 2020.

The Central African Republic has a long way to go to recover from decades of conflict and instability. However, with sustained investment from the international community and a focus on long-term development projects in the Central African Republic, the country can begin to provide a safer and more stable way of life to all living there.

– Aaron Childree

Photo: Flickr

development projects in bhutan
Bhutan, officially the Kingdom of Bhutan, is a small country that sits on the Himalayas’ eastern edge in south Asia. The nation is considered one of the world’s least developed countries, and agriculture is at least 80 percent of Bhutan’s economy. Bhutan has made significant strides in development in recent years, and has been able to maintain solid growth and economic stability.

In 2017, The World Bank approved and funded five development projects in Bhutan. These projects are an effort to further the economic growth of the country.

1. Bhutan BLSS Economic Census

BLSS stands for Bhutan Living Standard Survey and was reintroduced in February 2017. It is a household survey that is taken by the National Statistics Bureau. The survey was previously conducted in 2003, 2007 and 2012. After its introduction in February, the survey was again taken in March 2017. The survey provides many critical indicators, such as the national poverty line and National Accounts statistics.

2. Preparation of Strategic Program for Climate Resilience

The Preparation of Strategic Program for Climate Resilience was introduced in February 2017 and will be completed by September 2019. This long-term plan is meant to help Bhutan improve national climate resilience. The project will build on ongoing activities in Bhutan to incorporate climate resilience in development planning. Bhutan then plans to use the project to help create a climate-resilient investment plan for the country.

3. Food Security and Agriculture Productivity Project

The Food Security and Agriculture Productivity Project was introduced in April 2017 and will be completed by December 2022. The project’s goal is to combat Bhutan’s reliance on food imports and to increase local agriculture. Since Bhutan is mainly an agriculture country, this increase will also help lower unemployment and reduce poverty.

4. Bhutan Youth Employment and Rural Entrepreneurship Project

The Bhutan Youth Employment and Rural Entrepreneurship Project was introduced in May 2017 and as of yet, has no closing date. The project’s goal is to increase employment opportunities in Bhutan, specifically for youth; many of the opportunities created are in agriculture. With more job opportunities, the Bhutanese economy will continue to improve as a result of this project. 

5. Strengthening Public Financial Management Project

The Strengthening Public Financial Management Project was introduced in September 2017 and will conclude in January 2021. The project’s goal is to help the Bhutanese manage their budget and public funds more efficiently. This will help the development and strengthening of public services and governance.

With the approval of these five development projects in Bhutan, The World Bank has loaned the Royal Government of Bhutan over 15 million U.S. dollars. The World Bank has worked closely with Bhutan since 1998 when Bhutan’s first project was approved.

The goal of these five development projects in Bhutan is to increase employment opportunities, decrease national poverty and strengthen Bhutan’s economy. Though it is still too early to see any significant changes since these five development projects in Bhutan were implemented, these efforts have laid a satisfying groundwork for the Bhutanese to build on.

– Courtney Wallace

Photo: Flickr

development projects in lesothoLesotho is a small landlocked country surrounded by South Africa, with a population of nearly two million people. Natural resources in Lesotho are scarce and fragmented, a result of the highland’s arid environment and the lowland’s limited agricultural space. The lack of natural resources and the country’s high poverty and unemployment rates have made the Lesotho population economically dependent on South Africa.

There are several development projects in Lesotho dedicated to increasing agricultural production, constructing income-generating activities and improving development effectiveness. Below are five development projects in Lesotho.

  1. Lesotho Highlands Water Project (LHWP)
    The LHWP is a binational infrastructure project between South Africa and Lesotho intended to provide water to an arid region of South Africa and to generate hydroelectricity and income for Lesotho. Phase I of the project was completed in 2003; work on Phase II of the LHWP began in 2013. Phase II involves water transfer and hydropower components that are meant to increase both water transmission to South Africa and the amount of electricity generated in Lesotho by 2020.
  2. Cultural Heritage Plan
    The Cultural Heritage Plan was developed and implemented in response to Phase II of the LHWP. Its objective is to preserve and manage Lesotho’s history by protecting cultural heritage and burial sites, rock art and Stone Age occupation sites.
  3. Lesotho Smallholder Agricultural Development Project (SADP)
    Work began on the SADP in early 2012, as part of the Lesotho government’s National Strategic Development Plan, but the project’s design was restructured in 2016. The project’s development objectives are to increase and improve the marketed portion of agriculture output among project beneficiaries and to generate practical responses to an Eligible Crisis or Emergency.
  4. Sustainable Energy for All Project
    In 2016, the Lesotho government implemented the Sustainable Energy for All project. Developed by the United Nations Development Program (UNDP) and the Global Environment Facility (GEF), the project’s goal is to improve access to clean energy services in the rural areas of Lesotho by 2021.
  5. Lesotho Data for Sustainable Development Project
    The Lesotho Data for Sustainable Development Project was implemented by the Lesotho government in 2016 and is expected to reach its developmental goals by January 2018. The project’s objectives include the collection, analysis and distribution of development data; the construction of institutional and technical capacities for the management and evaluation of development projects; and to improve national and sectoral capacities to generate data and facilitate accountability for resources.

The rate of poverty in Lesotho has declined steadily over the last decade, an achievement credited to economic growth. With these development projects in Lesotho, the nation should continue to improve its capacity to address development challenges and constraints, to sustain growth and to prioritize human welfare progression.

– Gabrielle Doran

Photo: Flickr

According to the CIA World Factbook, Liberia is a country with an unemployment rate of six percent and a 47 percent literacy rate. This status highlights the need for Liberia to develop its country so that it can make strides to reduce poverty. Here are five development projects in Liberia that will allow the country to make the changes necessary to reduce poverty.

1. The Third Poverty Reduction Support Development Policy Operation (PRSDPO-III)

Liberia is one of many nations that was severely affected by the Ebola crisis. This event, coupled with the United Nations Mission withdrawal from the country, has left Liberia’s economy in an upturned state. This development project will help the government’s reform efforts for stabilizing the economy by establishing a macroeconomic framework.

2. Liberia Infrastructure Rehabilitation Project

The country of Liberia, like many underdeveloped countries, needs to develop their infrastructure in order to fully develop as a nation. This development project in Liberia aims to provide emergency support to restore the Port of Monrovia and the Roberts International Airport. It also seeks to rehabilitate other port and aviation areas, according to the World Bank.

3. Liberia Land Administration Project

This project will strengthen the capacity of Liberia Land Authority and establish a land administration policy. It will establish processes and infrastructure required to implement laws on identification, ownership, use and valuation of land. These implementations will lead to an increase of regulations and awareness on land rights.

4. Cheesemanburg Landfill and Urban Sanitation Project

The purpose of this project is to increase access to solid waste management. Seventy-two percent of the country does not have access to sanitation facilities. Poor sanitation can lead to poor water quality. In fact, 24 percent of Liberia does not have access to a drinking water source. This project is vital in maintaining sanitation in the country.

5. Liberia Health Systems Strengthening Project

The state of the country’s health is lacking due to the recent Ebola crisis. The purpose of this project is to improve the quality of available healthcare services, such as maternal, neonatal and child health.

These development projects in Liberia will change the nature of the country and allow the government to make improvements in other areas of life, such as education. By focusing on other aspects of the country, Liberia will be able to step towards reducing poverty.

– Dezanii Lewis

Photo: Flickr

development projects in myanmarLocated in Southeast Asia, Myanmar is a country filled with political and ethnic strife and its income gap is the largest in the world. Myanmar is in desperate need of foreign aid to alleviate current problems such as illegal drug production, human rights issues and poverty. Development projects in Myanmar are crucial.

These five major development projects in Myanmar focus on areas where sustainable change can be brought about.

Community-Oriented Reproductive Health Project

In Myanmar, there is particularly low access to health services. This is especially evident in rural communities where there is a lack of knowledge, experience and healthcare providers. Similarly, there’s a scarcity of resources, facilities and basic services.

To combat this, the Japanese International Cooperation Agency (JICA) implemented the Community-Oriented Reproductive Health Project in 2004. Its main focus is on training healthcare providers in Maternal and Child Health (MCH) and upgrading health centers. The project trained one MCH promoter for every 30 households in targeted communities which ensures future, self-reliant health.

Dawei Development Project

Proposed in November 2010, the Dawei Development Project is a planned economic zone. The Dawei Development project in Myanmar would create hundreds of thousands of jobs, contributing to five percent of Myanmar’s GDP by 2045. Initially focusing on textiles, a few years down the line it hopes to attract industries such as automotive and plastics.

National Community Driven Development Project

Approved in November 2012, this development project in Myanmar aims to improve rural communities’ access to infrastructure and basic services, such as an improved government response to crisis or emergencies. It notes that most of Myanmar’s issues with poverty indicate a strong concentration in rural areas.

With plans to benefit almost 3,000 villages home to over two million poor people, this project uses a people-centered approach through which villages receive block grants to fund projects they decide and implement themselves.

Southeast Disaster Risk Management Project

The Southeast Disaster Risk Management Project will help Myanmar in one of its most crippling areas: natural disasters. Each year, disasters cost the country approximately $184 million and hurt the poor much more than other classes.

This development project in Myanmar will contribute $116 million to efforts geared towards the reduction of flooding and improve the government’s response to disasters and emergencies across the country.

Development Programs in Myanmar: Microfinance

The Asian Development Bank (ADB) executes a funding project that has, since 2010, contributed $622 million in new loans. Currently, it operates in India, Bangladesh and Indonesia. However, in 2017 it raised another $100 million to finance loans which will allow projects to expand into Myanmar.

With the implementation of these development projects in Myanmar, there is hope to bring more equality into the country. With a strong emphasis on increasing economic prosperity, these projects will similarly decrease the percentage of impoverished citizens in Myanmar. Myanmar will begin to grow into a prosperous and equal country.

– Nick McGuire

Photo: Flickr