The global economy, which contracted by 4.3 per cent in 2020 is forecast to grow by 4 per cent next year.
Factoring in population growth, income-per-capita in the region will remain 6 per cent below 2019 estimates, indicating that the expected rebound will not offset the lasting economic damage caused by the pandemic.
The project has three phases. The first one involves empowerment and technical support. In the second phase, preparations would be made at the local level to implement the project and in the final phase, additional resources will be arranged for sanitation.