WASHINGTON, July 14, 2011 - The World Bank’s Board of Executive Directors today approved the following project:  IBRD (APL) Loan: US$50 Million Equivalent Terms: Maturity = 17 years; Grace = 5 years Project ID: P124341  Project Description: The project aims to make financing and risk-sharing instruments available to partner MENA governments through the MSME facility and, jointly with the IFC, a comprehensive package of technical assistance will be offered to governments, regulators, financial institutions, and to MSMEs. Additionally the project support will also contribute to the Tunisian government’s objective of improving governance so that the financial sector can more effectively play its catalytic financing role and contribute to growth and job creation through MSMEs.  Contact: Dale Lautenbach 202-473-3405 dlautenbach@worldbank.org  For more information, please visit here. |
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