WASHINGTON, May 29, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:
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IDA CREDIT: US$200 million
TERMS: Grace period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION: The main objective of this project is to address macroeconomic stability, trade liberalization, better functioning financial and power sectors, and reforms in core governance functions such as public financial management, the Anti-Corruption Commission, and tax administration.
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For more information, please call Benjamin Crow at (202) 473-5105 or email
bcrow@worldbank.org
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