WASHINGTON, May 25, 2010 - The World Bank’s Board of Executive Directors today approved the following project: IDA Grant: US$50.48 million equivalent Project ID: P112872 Project Description: The objective of the project is to improve the release of legitimate goods in a fair and efficient manner. The grant will help finance costs associated with: countrywide computerization of customs clearance operations; installation of executive information systems for customs allowing real-time monitoring of operations; development of possible options for cross-border Customs-to-Customs cooperation; provision of selected customs infrastructure to enable modernized operations; and technical assistance to support the development of a regulatory, administrative, and institutional framework for customs. Through these initiatives the project will continue the World Bank's efforts to reform and modernize the Afghan customs process. Media Contact: Erik Nora (202) 458-4735 enora@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?Projectid=P112872&theSitePK=40941&piPK=64290415&pagePK=64283627&menuPK=64282134&Type=Overview |