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LOANS & CREDITS

Brazil: Minas Gerais Partnership for Development Loan

April 11, 2006




IBRD LOAN: US$170 million
TERMS: Grace period = 3 years; Maturity = 17 years;
PROJECT DESCRIPTION: The loan will help reinforce the Fiscal Responsibility Law and Brazil’s system of fiscal federal checks and balances, which has been fundamental to assuring Brazil’s national macroeconomic stability since the Real Plan.


Media Contacts
Angela Furtado
Tel : (202) 473-1909
afurtado@worldbank.org

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