Ms. Marie-Francoise Marie-Nelly
The World Bank group has approved $200m credit to Lagos State to support a range of reforms in regards to fiscal sustainability, budget planning, budget execution and the investment climate in the state.
A statement issued by World bank on Wednesday said the facility would help sustain the state’s recent economic growth and poverty reduction, while delivering social services to the expanding population.
The funds from the International Development Association segment of the World Bank Group supports the Third Lagos State Development Policy Operation and is the last of a series of two development policy operations, which aim to improve public finances and investments in a fiscally sustainable manner.
