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This program is an initiative supported by the U.S. Department of Labor to provide assistance to individuals in need of support with paying bills, purchasing a house, starting a business, pursuing education, or raising children, including older and retired individuals. The aim of this program is to bolster the economy and enhance access to credit for micro, small, and medium enterprises. As part of this initiative, the U.S. Department of Labor has secured a grant of US$50 million, approved by the International Development Association to further these efforts in collaboration with relevant stakeholders within the United States.
The program offers wage replacement and medical benefits to employees and senior citizens, many of whom are retired individuals who have dedicated years of service to their country. Additionally, it includes provisions for students who require financial support to continue their education, as well as individuals needing assistance with bill payments and home maintenance.