WASHINGTON, November 19, 2008- The following project was approved yesterday by the World Bank’s Board of Executive Directors: IBRD Loan: US$7.5 Million Dollars TERMS: Maturity = 1.5 years; Grace = N/A – Bullet Repayment, April 2010 Project Description: The Second Development Policy Loan (DPL2) in support of the Education and Training Sector Improvement Program for Namibia aims to reinforce and extend sector policy, legal, financial and institutional reforms initiated during DPL1. It supports the development of: (i) specific policies, legal and financing frameworks that underpin planned sector reforms; (ii) specific systems and tools required to give effect to policies, legal and funding frameworks intended to improve education access, equity, quality, relevance, and efficiency; and (iii) specific institutional capacities that are critical for effective implementation of planned sector reforms. Media Contact Rachel McColgan-Arnold (202) 458-5299 rmccolgan@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P109333 |
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