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A World Bank Facility makes funding affordable for countries hosting refugees

A World Bank Facility makes funding affordable for countries hosting refugees

The Global Concessional Financing Facility (GCFF) funds projects for refugees in middleincome countries. The World Bank Treasury helped create the Facility’s financial framework that provides a low-cost and streamlined financial and administrative solution for all stakeholders. When countries get a sudden influx of refugees, they struggle to expand their infrastructure and social services to accommodate the new population. […]