Message-ID: <356EAECF.42A0@erols.com> Date: Fri, 29 May 1998 08:49:20 -0400 From: John Daly <mailto:dalyj@erols.com> Subject: Re: infoDev Offers Year 2000 Grants to Poorest Countries To: mailto:DEVEL-L@AMERICAN.EDU
Abdus apparently didn't read very carefully. The $13 million are grant funds, not loans. They go for national planning and Y2K remediation efforts, not hardware. They will be awarded on the basis of proposals submitted from national governments of developing countries, and the funding will only go to consultants if those governments propose to spend it that way (and convince reviewers that their plans have merit). The program is described at:http://www.worldbank.org/infodev/y2kinit.htm
abdus samad wrote: >
> The usual 12m to world bank staff and consultants and 4 to the purchase
> of equipment and the countries are left with a loan of 16m. They gain a
> liability of 16m to make the WB look good... and obviously the staff
> gains a promotion.
>
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