World Bank supports vulnerable populations in Myanmar through community project

Banking & Financial Services
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Ajay Banga, 14th president of the World Bank | World Bank website

The World Bank has extended direct support to Myanmar's poor and vulnerable population through the Myanmar Community Support Project (MCSP). This initiative, financed by the Myanmar Partnership Multi-Donor Trust Fund with $22.4 million, was operational from January 2023 to September 2024. The project was implemented by two international partners: the International Committee of the Red Cross (ICRC) and the World Food Programme (WFP), aiming to channel resources directly to communities.

The MCSP focused on enhancing food security and livelihoods for populations affected by crises in select areas of Myanmar. The project comprised four components: emergency food assistance, nutritional support, livelihoods assistance, and access to basic services.

Key results of the project include reaching more than 535,000 beneficiaries as of June 30, 2024, surpassing original targets. It enhanced food security for 45,200 conflict-affected households and provided nutrition support to over 17,000 women, girls, and children. Additionally, it offered livelihood assistance through agriculture production and cash transfers to 203,400 beneficiaries while improving basic services such as water, sanitation, and shelter for another 270,000 individuals.