Madagascar: $150 Million Additional Financing to Strengthen the National Social Protection Programs and Accelerate the Covid-19 Social Protection Response

10 March 2021

press release

Washington — The World Bank approved a $150 million additional grant for the Social Safety Net Project (SSNP) to further support the government to increase the access of extremely poor households to safety net services, and to strengthen the foundations of the national social protection system, while accelerating the COVID-19 (coronavirus) social protection response.

"The Malagasy government reaffirms its will and determination to implement national social protection programs. And the World Bank's support will help achieve a key objective for improving the living conditions and human capital in Madagascar. Together, we are strengthening the resilience of the most vulnerable households in this unprecedented health context of COVID-19 that we are facing," said Andry Rajoelina, President of the Republic of Madagascar.

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