IBRD LOAN: US$150 million
TERMS: Maturity = 17 years; Grace Period = 5 years.
PROJECT DESCRIPTION: This project will support Bulgaria’s reform agenda in the areas of health, education, and social protection. The project, the first of three such planned loans, will foster government policies that aim at improving quality and efficiency in the social sectors, promoting access to basic social services, and aligning labor and social policies more closely with EU standards.
