El Salvador: Second Broad-Based Growth Development Policy Loan

WASHINGTON, December 13, 2005- The following project was approved today by the World Bank’s Board of Executive Directors:

IBRD LOAN: $100 million

TERMS: Grace period = 2 years; Maturity = 19.5 years  

PROJECT DESCRIPTION: This loan will contribute to the Government’s objectives of reigniting growth, reinforcing macroeconomic stability, and increasing the efficiency of the public sector.  For more information, please call Alejandra Viveros at (202) 473-4306 or email Aviveros@worldbank.org  For project information documents, visit:

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P094146