WASHINGTON, May 20, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IDA Credit: USD$11.5 Million
TERMS: Maturity = 40 Years; Grace Period = 10 Years
PROJECT DESCRIPTION: The Land Allocation for Social and Economic Development Project’s objective is to improve the process for identification and use of state lands transferred to eligible, poor and formerly landless or land-poor land recipients selected through a transparent and well-targeted process.
For more information, please call Mohamad Al Arief at (202) 458-5964or email malarief@worldbank.org
For project information, please visit: http://www.worldbank.org/kh
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