ABIDJAN, Dec 1 (AFP) - The World Bank will resume aid worth 532 million dollars to Ivory Coast if Abidjan returns 40 million dollars it owes to the Washington-based body, a Bank official said here Saturday.
World Bank communications chief in Ivory Coast, Bakary Sanogo, said the fresh aid flows to Ivory Coast would include a 280-million-dollar grant for 11 projects covering health and economic infrastructure.
The other grants that would be in the pipeline include a grant of 210 million dollars, payable in two tranches of 18 months and 42 million dollars to fight HIV/AIDS, he said.
These decisions were taken under an scheme to "re-engage" Bretton Woods institutions to help Ivory Coast fight poverty during a review mission by a joint World Bank-International Monetary Fund which visited Ivory Coast in November.
The World Bank and its lending arm, the IMF, suspended aid to Ivory Coast in 1998 citing bad governance and poor fiscal management.
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