Sudan: World Bank Board Endorses New Interim Strategy Note for South Sudan

28 February 2013

press release

Washington D.C. — The World Bank Board of Executive Directors today discussed and endorsed the first Interim Strategy Note (ISN) for the Republic of South Sudan. Developed jointly with the International Finance Corporation (IFC), the ISN represents the Bank Group's support to the South Sudan Development Plan over the FY13-FY14 period.

Over this period, the Bank's International Development Association plans to invest approximately US$130 million in support of the Government of South Sudan foundational development of effective and accountable public institutions that respond to citizens' needs. It will seek to impact service delivery by promoting effective economic management and governance; and expanding productive employment opportunities.

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