World Bank approves aid to Ghana
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The World Bank approves a Â£110m (Â£5.4m) aid package to Ghana to help the country raise living standards.
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Aid to Africa needs to increase by at least 60% if poverty is to be cut, the World Bank said.
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The US government announced a five-year, 547-million-dollar aid package to Ghana to help the African nation develop agriculture and alleviate poverty.
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President Bush approved yesterday $20 million in direct aid to the Palestinian Authority, as part of a broader White House strategy to pursue peace in the Middle East following Yasser Arafat&#39;s death.
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Robert B. Zoellick, President Bush's selection to head the World Bank, yesterday flew to Ghana, embarking on a two-week tour of the globe to woo support and sound out world leaders.
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The United Nations has allocated $2.35 million from an emergency fund to provide humanitarian aid to Guinea, which is in the midst of a tense nationwide strike, a U.N. spokesperson said Friday.
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As the International Monetary Fund   embarks on a second round of reforms to give developing   countries more say in the institution, the World Bank signaled   on Wednesday that it was ready to go the same route.
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The International Monetary Fund on Wednesday approved &#36;436 million in emergency lending to Iraq and said it hoped its backing would generate additional international economic support, including debt relief.
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The International Monetary Fund on  Wednesday approved $436 million in emergency lending to Iraq  and said it hoped its backing would generate additional  international economic support, including debt relief.
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The announcement of John R. BoltonÂs decision to step down was greeted by United Nations officials with relief.
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The World Bank Board of Executive Directors has approved a Global Environment Facility (GEF) Trust Fund grant of US$ 6.15 million to support the Jordanian government's efforts in ecosystem management.
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Afghanistan has made sufficient steps to improve its economy to qualify for debt relief, the World Bank says.
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Washington added only Morocco to a  list of poor nations eligible to share more than $1 billion in  new aid in a decision on Monday that left some advocacy groups  asking why more countries were not included.
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Sudanese authorities finally gave permission on Thursday for aid worth R5-million to be delivered by the Gift of the Givers Foundation in Pietermaritzburg to the Sudan&#39;s war-torn Darfur area.
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The World Bank launches an emergency insurance fund to help Caribbean nations pay for key services after a hurricane.
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The World Bank on Thursday  offered $250 million for tsunami relief, bringing total aid  contributions from around the world to nearly $500 million, the  United Nations said.
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World Bank lends to support forestry development in China    BEIJING, Dec.16 (Xinhua)-- The World Bank has just approved a 100 million U.S. dollars loan to help China develop and protect its forest resources, said sources with the World Bank's China office on Saturday.