WASHINGTON, December 20, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:
IBRD LOAN: US$300 million
TERMS: Maturity= 17 years; Grace= 5 years
PROJECT DESCRIPTION: The DPL II is the second loan in a program to support Ukraine’s efforts to converge to European standards of living through key reforms in three core thematic areas: (i) improving the investment climate; (ii) creating the fiscal space for greater public investment through more efficient public financial management; and (iii) improved public service delivery and greater social inclusion.
For more information please call
Michael Jones at 202-473-2588 or e-mail mjones2@worldbank.org
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