World Bank Country Representative Larisa Leshchenko
World Bank Pledges Support To YOP
By Calvin Brooks
MONROVIA, January 10 (LINA) - World Bank Country Representative Larisa Leshchenko has pledged the institution’s support to government’s Youth Opportunities Project (YOP) and called on other partners to join in supporting expansion of the project.
Madam Leshchenko noted that this can only be achieved if donors support the project through a youth development pool fund so that more youth can benefit from their intervention.
Leshchenko made the remarks Monday at a program marking the launch of the Youth Opportunities Project, a flagship program under the government’s Agenda For Transformation (AFT) policy aimed at empowering the country’s youthful population held at the Paynesville City Hall.
“About 15,000 youths in a nation with over a million youth is a drop in the bucket, but this is just the starting and together more can be done to empower youth in Liberia,” the World Bank Country Representative said.
She stressed that investment in developing systems for improving government’s capacity to deliver social protection programs under this project is a major step towards government’s goal.
Leshchenko thanked the government for embarking on this landmark project, stressing, “These are promising areas for income generation, especially as the nation focuses on intensifying investments in national reconstruction and improving agriculture.”
The Youth Opportunity Project, which is a US$10 million loan project from the World Bank, is intended to improve income generating opportunities for vulnerable youths in Liberia in order to strengthen the government’s capacity to implement the social cash transfer program.