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Nepal - Project for Agriculture Commercialization and Trade [Additional Financing]

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Washington DC, November 15, 2012—The World Bank's Board of Executive Directors today approved the following project.

IDA Grant: US$18 million

IDA Credit: US$22 million equivalent

Terms: Maturity = 40 years; Grace = 10 years

Project ID: P128304


Project Description: The objective of the additional financing is to improve the competitiveness of smallholder farmers and the agribusiness sector in selected commodity value chains supported by the project.