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Russian Federation - Public Finance Management Technical Assistance Project

Media Contacts

Washington DC, September 13, 2013—The World Bank's Board of Executive Directors today approved the following project.

IBRD Loan: US$50.0 million equivalent
Terms: Maturity = 18 years, Grace = 5 years
Project ID: P122998

Project Description: The objective of the project is to improve transparency and results focus in public financial management and build institutional foundations for improved budget efficiency, effectiveness, and accountability.