Georgia: Second Poverty Reduction Support Operation

WASHINGTON, October 12, 2006 - The following project was approved today by the World Bank’s Board of Executive Directors:

 

IDA CREDIT: US$20 million

TERMS: Grace period = 10 years; Maturity = 40 years

PROJECT DESCRIPTION: The main objective of this credit is to support further progress with anti-corruption efforts and measures to continue improving governance.  It will improve efficiency and transparency in the use of public resources and in the investment climate, and will deepen the access to, and affordability of, key social services for the poor.

 

For project details, please call Miriam Van Dyck at (202) 458-2931 or email mvandyck@worldbank.org

For more information, please visit:

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P093245