Colombia – Third Programmatic Business Productivity and Efficiency Development Policy Loan

WASHINGTON, April 8, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:

 

IBRD Loan: US$550 Million

TERMS:   Maturity= 26 years; Grace= 9.5 years

PROJECT DESCRIPTION: The aim of this project is to support sustainable growth and the alleviation of poverty by: (a) facilitating the operation of businesses and promoting investment, to boost productivity and employment levels; and (b) consolidating the financial sector and capital markets as pillars of economic growth to address the needs of individuals and the productive sector.

 

For more information, please call Gabriela Aguilar at (202) 473-6768 or email gaguilar2@worldbank.org

For project documents, please visit:

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P105029