WASHINGTON, May 22, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:
IDA CREDIT: US$8 million
TERMS: Grace Period = 10 years; Maturity = 40 years.
PROJECT DESCRIPTION: The Mineral Resources Governance Project objectives are to strengthen accountability and transparency in the mining sector, promote key institutional reforms for the decentralized management of mineral resources and promote private investments and value-added in the sector.
For more information, please callBeldina Auma at (202) 458-7307 or email:
baumaowuor@worldbank.org
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