World Bank clears US$21M for flooding, education

The World Bank today announced approval of US$11M to help combat flooding here and US$10M for education, mathematics in particular.

The World Bank press release follows:

Washington, June 5, 2014 More than 300,000 people from the flood prone region of East Demerara will benefit from reduced flooding and climate risks as a result of a US$11 million credit from the International Development Association (IDA) approved today by the Board of Executive Directors of the World Bank.

Nearly 90 percent of Guyana’s population lives in this narrow coastal plain, largely below sea level and vulnerable to climate change. Extreme rainfall in 2005 resulted in flooding and damages estimated at nearly 60 percent of GDP or US$465 million at the time. The impact on poverty was evident and many subsistence farmers, small business operators and vendors were affected.

Specifically, the project will:

“Upgrade critical sections of the East Demerara Water Conservancy dams and

“Improve drainage capacity in priority areas along the East Demerara coast.

“Increase flood preparedness by installing instruments to monitor

hydro-meteorological data.

The second project approved today for US$10 million will increase enrollment in general secondary schools and improve standards of mathematics teaching for secondary education.

“These two credits aim at reducing poverty and providing opportunities for all Guyanese by reducing vulnerability to climate change and ensuring quality secondary education”, said Sophie Sirtaine, World Bank country director for the Caribbean. To boost competitiveness, it is essential to address the vulnerability to climate risks and ensure that the skills learnt in the classroom lay the foundation for future work-place success.

About 85 percent of young Guyanese are enrolled in secondary education. The Government has set an objective to achieve quality universal secondary education.

Among concrete results to be achieved by the project are:

” 2,600 new students from vulnerable areas enrolled in general secondary

” A pilot technology-assisted learning in mathematics

” 600 secondary mathematics teachers trained, mathematics standards for

secondary school teachers increased, and math kits distributed to 250 secondary schools.

These IDA credits to the Government of Guyana have a final maturity of 25 years, with a 5 year grace period.

 

Latest in Local News

default placeholder

Brian Tiwarie planning to establish newspaper

Prominent businessman and owner of BK International, Brian Tiwarie, is planning to open his own newspaper company here and has started the process.

default placeholder

Probe underway into stealth flights from Ogle

An inquiry has been launched into the circumstances surrounding how two planes left Guyana illegally from the Eugene F Correia International Airport (EFCIA) last Saturday, Minister of State Joseph Harmon said yesterday.

default placeholder

Finance Minister says unsure of UG ‘emergency’ funding needs

Minister of Finance Winston Jordan has said that he is unsure of the ‘emergency’ funding the University of Guyana needs to reputedly prevent a collapse of the  institution.

default placeholder

Ministry welcomes removal from US human trafficking watch list

The Ministry of Social Protection yesterday welcomed the latest classification on Trafficking in Persons (TIP), which has seen the country coming off the watch list for TIP, that is, moving from Tier 2 on the Watch List to Tier Two.

Terrence McLean

Man gets three years for ISIS bomb threat at city bank

Terrence McLean, the man who tried to extort $10 million from a city bank in the name of ISIS by threatening to detonate a bomb he claimed he had on him, was yesterday sentenced to three years in jail for the crime.

default placeholder

Insel gets approval for additional Brazil, Curaçao flights

Guyanese will now be able to access additional flights to Brazil and Curaçao thrice weekly after Cabinet recently granted approval for Insel Air to operate additional flights out of Guyana.

default placeholder

‘New GuySuCo’ unveiled

Facing a huge debt, slumping production  and pressure over the planned end of cane cultivation at the Wales estate, the  Guyana Sugar Corporation (GuySuCo) yesterday launched a `New GuySuCo’ that includes diversification but there were few details.

default placeholder

Romell Jagroop wins $390m contract for conservancy dam

Romell Jagroop General Construction Services has gotten the green light for a $390m contract for the construction of the north eastern dam of the East Demerara Water Conservancy (EDWC).

Comments

About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Stay updated! Follow Stabroek News on Facebook or Twitter.

Get the day's headlines from SN in your inbox every morning: