Washington — The World Bank Board of Executive Directors today approved $175 million in financing to help mitigate the impact of forced displacement on refugee-hosting communities in the Horn of Africa.
"While much of the world's attention has been on the refugees' crises in the Middle East, we must do much more to help African countries respond to the long-term forced displacement of millions of people," said World Bank Group President Jim Yong Kim. "Our financing for countries hosting refugees in the Horn of Africa should bring more stability to the region and offer more economic opportunities for people living in these areas."
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