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Brazil: Second Programmatic Loan for Sustainable and Equitable Growt

June 6, 2006

IBRD LOAN: US$601.5 million
TERMS: Grace Period= 5 years; Maturity=17 years
PROJECT DESCRIPTION: The objective of this project is to support selected measures aimed at reducing logistics costs; improving the investment climate; deepening financial intermediation and improving technology absorption and innovation. The Brazil Growth Program, of which this is the second operation, seeks to deepen microeconomic reforms needed to enhance the country’s long-term growth prospects.

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Angela Furtado
Tel : (202) 473-1909