WASHINGTON, October 7, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IBRD Loan: US$600 million
TERMS: Maturity= 17 years; Grace = 5 years
Project Description: This project aims to improve access to quality education for all children of ages 7 to 15 strengthening school based management and community participation, improving existing fiduciary arrangements for greater transparency and accountability of the program, and consequently, bringing about better utilization of the funds.
Media Contact:
Muhamad Al Arief at (202) 458-5964
malalrief@worldbank.org
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