WASHINGTON, March 3, 2011 - The World Bank’s Board of Executive Directors today approved the following project:  IBRD Loan: US$112.65 million Terms: Maturity = 24.5 years; Grace = 9 years Project ID: P118150  Project Description: The objective of the project is to build the capacity of participating agencies’ by strengthening their human resources and by enhancing their ability to initiate and manage reforms. The project will finance a scholarships program for the Indonesian Ministry of Finance and the Bappenas (Central Planning Agency) cluster of participating agencies, the project also provides support to the Government of Indonesia to help it implement, monitor, and evaluate the program.  Contact: Marilene B. Montemayor (202) 473-4709 mmontemayor@worldbank.org  For more project information, please visit here. |
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