IBRD Loan: US$25 million equivalent
Terms: Maturity = 25 years; Grace period = 7 years
Project ID: P103974
Project Description: The development objective of the Conditional Cash Transfers Project in Macedonia is to strengthen the effectiveness and efficiency of the Government of Macedonia’s social safety net through the introduction of conditional cash transfers and through improvements in the administration, oversight, monitoring, and evaluation of social assistance transfers. The project will contribute to the Government’s ultimate objective of alleviating poverty and enhancing human capital, thereby reducing the inter-generational transmission of poverty over the long-run.