MADAGASCAR – WORLD BANK
June 1st, 2003
BY KEITH NUTHALL
THJE WORLD Bank is granting US$32 million to Madagascar so its government can improve the performance of its small-scale mining sector. This Mineral Resources Governance Project will tighten mining regulation, (especially by local government) boost training, establish a Mining Sector Promotion Agency (which will operate a small grants programme) and create a database of the country's mineral resources, encouraging investment in the sector.
THJE WORLD Bank is granting US$32 million to Madagascar so its government can improve the performance of its small-scale mining sector. This Mineral Resources Governance Project will tighten mining regulation, (especially by local government) boost training, establish a Mining Sector Promotion Agency (which will operate a small grants programme) and create a database of the country's mineral resources, encouraging investment in the sector.
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