WASHINGTON, September 30, 2008- The following project was approved today by the World Bank’s Board of Executive Directors: IBRD Loan Amount: US$240 million Terms: Maturity = 22 years; Grace = 7 years Project Description: The project aims to contribute to expanding and consolidating the social advances and institutional modernization of the State of Ceara by supporting nine key government investment programs in five sectors (public sector management, education, health, water & sanitation, and business environment & innovation), selected to optimize development impact. Specifically, the project will help the Government of Ceara to improve its fiscal situation; strengthen the state’s system of results-based management; promote better service quality in education (particularly early-childhood literacy) improve the quality of and access to water and sewerage services; and reduce barriers to business investment. Media Contact Gabriela Aguilar (202) 473-6768 gaguilar@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P106765 |
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