WASHINGTON, August 5, 2008- The following project wasapproved today by the World Bank’s Board of Executive Directors:
IDA Grant: US$30Million
Project Description: The Economic Reform Support Grant I1 (ERSG 11) is the first in a series of two grants designed to assist the Government of Burundi in implementing the country’s poverty reduction strategy in order to transition from a post conflict economy with a focus on maintaining peace and stability to one geared towards designing and implementing policies to accelerate growth and human development. The proposed Economic Reform Support Grant I1 (ERSG 11) will continue supporting the Government in (i) reforming the public finance management system to improve fiscal transparency and accountability; (ii)reforming the business legal and institutional environment to foster private-sector-led growth; and (iii)supporting reforms in the coffee sector
Media Contact
Rachel McColgan at (202) 458-5299
rmccolgan@worldbank.org
|
