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Armenia – The Second Development Policy Operation (DPO2)

WASHINGTON, January 11, 2011 - The World Bank’s Board of Executive Directors today approved the following project:

IBRD Loan: US$4 million

Terms: Maturity = 25 years;   Grace = 10 years

IDA Credit: US$21 Million equivalent

Terms: Maturity = 20 years;   Grace = 10 years

Project ID:  P116451

 

Project Description: The Second Development Policy Operation (DPO2) for Armenia aims to support the Government of Armenia meet two strategic objectives: (i) addressing vulnerability by protecting the poor and supporting greater human capital development; and (ii) strengthening competitiveness for sustained post-crisis growth.

 

Contact:

Jonathan Daly

(202) 473-2588

jdaly1@worldbank.org

 

For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P116451

 


For more information, please visit the Projects website.



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