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LOANS & CREDITS

Russian Federation: Judicial Reform Support Project (JRSP)

February 15, 2007



IBRD LOAN: US$50 million
TERMS: Grace period = 5 years; Maturity = 15 years
PROJECT DESCRIPTION: The JRSP will contribute to improving governance and the rule of law by increasing transparency and efficiency within the judiciary. It will also help foster a better business environment conducive to private sector growth by improving the efficiency and predictability of the arbitration court system. The five-year project has a total cost of US$172.41 million, of which US$50 million will be financed by the IBRD, and US$122.41 million will be counterpart financing provided by the Russian Federation.


Media Contacts
Steven Jouy
Tel : (202) 473 4215
sjouy@worldbank.org

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