Pakistan – Second Improvement Financial Reporting and Auditing Project [Additional Financing]

WASHINGTON, February 10, 2011 - The World Bank’s Board of Executive Directors today approved the following project:

IDA Credit: US$ 24.5 Million Equivalent

Terms: Maturity = 35 years; Grace = 10 years

Project ID: P122635

Project Description: The project will increase the accuracy and reliability of financial reporting, public financial management and oversight at all levels of government.

Contact:

Benjamin Crow

(202) 473-5105

Bcrow@worldbank.org

For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P076872