The Middle East and North Africa (MENA) Transition Fund recently received $37.7 million from Canada, the United Kingdom, and France to support good governance, sustainable growth, and greater employment opportunities for youth.
The grant-based Transition Fund, established by the Deauville Partnership and housed in the World Bank, was launched during the World Bank/International Monetary Fund Annual Meetings last October in Tokyo. It will provide grants to Arab countries in transition, currently Jordan, Egypt, Libya, Morocco, Tunisia, and Yemen, to support institution building and implementation of critical policies in economic governance; trade, investment, and integration; and inclusive development and job creation.
See full Article: http://www.worldbank.org/en/news/2013/01/02/37point7-miillion-contributions-strengthen-governance-economic-growth
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