IBRD Loan: US$18.673 million
Terms: Maturity = 20 years; Grace = 3.5 years
Project ID: P106768
Project Description: The project will produce specific improvements in fiscal management and service quality in the education and health sectors. These improvements include: (i) better management of public finance (e.g., state pension fund); (ii) reducing operational expenditures; (iii) increase in secondary education completion rates; (iv) improved SAERJ results and IDEB test scores; (v) improved service quality measures in the health sector; and (vi) more efficient health care spending.