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Madagascar: Second Poverty Reduction Support Credit

Available in: Français, Español

WASHINGTON, July 12, 2005- The following project was approved today by the World Bank’s Board of Executive Directors:

IDA CREDIT AMOUNT: $80 million

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

PROJECT DESCRIPTION: The project will deepen and consolidate reforms that were initiated under the first PRSC approved in July 2004, in fighting corruption, improving public expenditure management and customs, and in implementing the Education for All and nutrition programs.  It will also help expand access to safe drinking water, improve health outcomes and provide protection from shocks.For more information, please call Aby Toure at (202) 473-8302 or email: akonate@worldbank.org. 




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