WASHINGTON, July 14, 2011 - The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit: US$50.3 Million Equivalent
Terms: Maturity = 30 years; Grace = 10 years
GEF Trust Fund Grant: US$3.5 Million
Project ID: P124812
Project Description: The project objective is to support the sustainable management of Ghana’s fish and aquatic resources by: (i) strengthening the country’s capacity to sustainably govern and manage the fisheries; (ii) reducing illegal fishing; (iii) increasing the value and profitability generated by the fish resources and the proportion of that value captured by the country; and (iv) developing aquaculture.
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