International Development Association

World Bank to almost triple support to Pacific by 2019

The International Development Association, the bank's fund for the world's most in need countries, spent $US360 million in the Pacific in 2015 and this will increase this to $US900 million next year.

World Bank vice president for East Asia and the Pacific, Victoria Kwakwa announced the increase during a visit to Vanuatu over the weekend.

Ms Kwakwa says the bank’s entire Pacific island partners will benefit from the increase.