IDA Credit: US$20 million equivalent
Terms: Maturity = 40 years; Grace = 10 years
Project ID: P107218
Project Description: The First Poverty Reduction Support Credit Program (PRSC-1) for Zambia aims to contribute towards: a) preserving macroeconomic stability and improving public sector performance; and b) supporting broad-based growth by improving efficiency in the energy sector and reducing the costs of doing business.