WASHINGTON, July 1, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:  IDA Credit: US$50 million TERMS: Maturity = 40 Years; Grace Period = 10 Years Program Description:  The project will continue supporting the Government of Bangladesh in developing effective and efficient financing and institutional arrangements to empower the poorest and most vulnerable and improve their access to small-scale local infrastructure, assets and livelihoods, with special emphasis on Cyclone-affected communities.  For more information, please call Benjamin Crow at (202) 473-7105 or email bcrow@worldbank.org  For more information on the additional financing for the Social Investment Program Project, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=223547&menuPK=158861&Projectid=P073886 |
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