Peru Spending $100 Million to Combat Poverty

The Inter-American Development Bank (IDB) has approved a $100 million loan to help Peru further reduce poverty through the strengthening of its principal social protection and labor programs.
The country plans to improve essential health services for the poor mother-child population and is looking to increase the effectiveness and efficiency of its operations and of service delivery to its beneficiaries. The labor component aims to generate jobs, improve the labor market for the poor and protect their level of consumption during adverse economic shocks. It looks to strengthen the youth employment training program and to implement a labor information system.
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