WASHINGTON, June 8, 2010 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan: US$500 million Terms: Maturity = 24.5 years; Grace = 9 years Project ID: P119125  Project Description: The objective of the Additional Financing for the School Operational Assistance - Knowledge Improvement for Transparency and Accountability Project (BOS-KITA) for Indonesia is to improve access to quality education in Indonesia for all children of ages 7 to 15 by strengthening school-based management and community participation, improving existing fiduciary arrangements for greater transparency and accountability of the BOS program and, consequently, bringing about better utilization of BOS funds.  Contact: Elisabeth Mealey (202) 458-4475 EMealey@worldbank.org  For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P119125 |