World Bank Group Statement on Current Situation in Ethiopia
Multiple conflicts combined with historic drought and other shocks have severely impacted millions of Ethiopians, jeopardizing the economic and social development progress the country has achieved in recent years.
Consistent with our strategy to remain engaged in situations of conflict and fragility and to support greater resilience of Ethiopia’s people, the World Bank Group (WBG) remains committed to continuing its partnership with Ethiopia for the benefit of all Ethiopians. Accordingly, the WBG is supporting Ethiopia to address its citizens’ demands for basic human services such as education, food security, health, clean water, livelihood support, women’s empowerment, and social and environmental protection across the country.
Over the past decade, our support has helped Ethiopia make significant progress in key human development indicators: primary school enrollments have quadrupled, child mortality has been cut in half, and the number of people with access to clean water has more than doubled.
The WBG seeks to ensure that activities it supports are responsive to the needs of all people in Ethiopia. In particular, our Environmental and Social Framework (ESF) is applied to all Bank-financed operations. Among key ESF principles are requirements for nondiscrimination, meaningful consultation, effective public participation, property rights, accountability, transparency, and good governance.
We continue to monitor the situation on the ground across the entire country, and we sincerely hope for stability and a permanent cessation of hostilities in order to facilitate accelerated, inclusive development.
Posted on December 6, 2022, in Uncategorized. Bookmark the permalink. Leave a comment.
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