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World Bank $25 million project aims to benefit half a million Nicaraguans in poverty

Thursday, January 19, 2012


The World Bank Board of Directors approved a new $25 million initiative that seeks to benefit children in Nicaragua’s priority areas, including the Caribbean coast.

The Second Educational Sector Support Project will mostly benefit 219,527 primary school students and 80,000 children currently outside the educational system, as well as 250,000 people in priority municipalities.

The project supports the efforts of the Ministry of Education, which has made the completion of all six primary school years a key priority in the development of human capital in Nicaragua, where currently less than 75 percent of all children finish sixth grade.

Original source: The Financial