IBRD LOAN: US$100 million
TERMS: Grace Period = 8 years; Maturity = 20 years
PROJECT DESCRIPTION: The loan will provide financing to a major provincial reform agenda to improve fiscal management and service delivery. The project is designed around four main pillars: institutional and policy reforms to improve the management and maintenance of Punjab’s irrigation system to ensure its integrity and sustainability; water resource management reforms to make intra-province water allocation and distribution more transparent; irrigation service delivery reforms to improve the quality, efficiency, and accountability; and reforms to encourage introduction of new technologies to improve water use efficiency and on-farm productivity.
