IDA CREDIT: US$50 million
TERMS: Grace Period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION: The main objective of this project is to improve service delivery to the poor while continuing reforms in public sector management to secure adequate financing in critical sectors of the economy. It will provide budget support to help overcome policy constraints and institutional bottlenecks in: (i) public sector management, (ii) agricultural and rural development, and (iii) human development. Moreover, through this operation, the Bank is initiating a critical process aimed at concretely and progressively tackling the challenge of rapid population growth and women’s rights.