The World Bank develops and finances a project at the request of the Government of Latvia. An appraisal of the project's feasibility and loan terms is followed by negotiations, Board approval, and signing.

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The World Bank has provided financing for 25 operations in Latvia for a total of $359.6 million in lending, with additional lending of $110-120 million planned over the next three years. 

New lending will focus on public sector management and strengthening governance, health, education, and housing.

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