IDA CREDIT: US$110 million
TERMS: Grace Period = 10 years; Maturity = 40 years.
PROJECT DESCRIPTION: The objective of this project is to finance the Government of Ghana’s 2007 budget and support the deepening of key reforms under the three pillars of the Growth and Poverty Reduction Strategy (GPRS II): to promote private sector-led growth; improve the delivery of services for human development; and strengthen governance, civic responsibility and public sector management.