Djibouti, March 31 -- The World Bank Group has approved a US$25.75 million grant from the International Development Association (IDA) to support the Djibouti Economic Diversification Program, the country's first Program-for-Results (PforR) financing. The program aims to broaden economic opportunities, strengthen the private sector, and create jobs for Djiboutians.The operation represents the first phase of a longer-term World Bank Group engagement with Djibouti, with a total financing envelope of US$75.75 million over the period 2026-2034. By linking disbursements to clearly defined reform milestones, the PforR instrument places a strong emphasis on delivery and measurable outcomes. It is also the first operation in the region to be co-led ...