The Inter-American Development Bank today announced the approval of grant of 13,850,093 Norwegian kroner (about $1.8 million) to assist the government of Nicaragua in strengthening the management of its social policy, enhancing its effectiveness and equity.
The funds are expected to be provided by the Norwegian Agency for Development Cooperation, and they will be administered by the IDB. This grant will permit the Inter-American Institute for Social Development to train more than 400 federal, departmental, and municipal officials involved in the implementation of social policy through workshops, seminars, and short courses. Training will also be provided for trainers and faculty , and a network of academics will be created to provide continuity in social management training activities.
In the short term, the project is expected to lead to improved execution of government social programs. In the medium and long term, the project will be an important step in the modernization and technical strengthening of the design and execution of future Nicaraguan social policy.