Rwanda - Fourth Poverty Reduction Support Grant

WASHINGTON, February 28, 2008 - The following project was approved today by the World Bank’s Board of Executive Directors:

IDA GRANT: US$70 million

PROJECT DESCRIPTION: The objective of the project is to support measures to ease the infrastructure constraints to growth and build the human capital and skills base required to transform the economy to be export based and service oriented. It will support the Government of Rwanda’s increased focus on growth as outlined in the Economic and Development Poverty Reduction Strategy (EDPRS), while consolidating the progress made in the social sectors under the first Poverty Reduction Support Program (PRSP).

For more information, call Herbert Boh  at (202) 473-3548 or email hboh@worldbank.org