Australia to Contribute AUD 35 million to GPOBA

News Release No. 2008/6

In Washington:
Cathy Russell, tel. (+1-202) 458 8124 crussell@worldbank.org

Washington, DC – August 4, 2008 – The Australian Agency for International Development (AusAID) made an additional pledge of AUD 35 million (approximately US$33.3 million) to the Global Partnership on Output-Based Aid (GPOBA) to support the program’s efforts to improve delivery of basic services to the poor in developing countries. The first tranche, in the amount of AUD 4.4 million (US$4.2 million), was received by GPOBA in July and the rest will be paid in installments over the next three years.