World Bank Loans: Central African Republic.

The article discusses the World Bank loans in Central African Republic in Africa. The author mentions that International Developmeny Association will provide a grants-in-aid amounting to $7.9 million. He explains that the main purpose of the grant is to provide support to the implementation of the country's Poverty Reduction Strategy Paper. The author also mentions that the grant focuses on strengthening public finance management. He explains that the grant also aims to improve public sector and economic governance.