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World Bank May Increase Grants to Poor in Typhoon-hit Philippines

The World Bank is considering increasing cash grants for the poor in the Philippines after the island nation was hit by a devastating typhoon at the weekend.   The development lender provides such grants via the Philippine government to encourage the country's poorest people to send their children to school and check their health.   The bank is now discussing with the government whether to increase the speed and volume of the transfers after Typhoon Haiyan, or to remove...

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