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Madagascar: Community Development Project Additional Financing

August 3, 2006

IDA CREDIT: US$18 million
TERMS: Grace period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION: The main objective of this project is to the use and satisfaction with project-supported social and economic services provided amongst participating rural and urban communities. The additional financing will allow the Community Development Fund to scale-up delivery of basic services to communes and communities while its future role under the upcoming Local Development Fund is being defined.

Media Contacts
Aby Toure
Tel : (202) 473-8302