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Philippines - First Development Policy Loan to Foster More Inclusive Growth

May 19, 2011

Development Policy Loan: US$250 Million

Terms: Maturity = 25.5 years; Grace = 10 years

Project ID: P118931


Project Description: The overall goal of the development policy loan is to help achieve sustained inclusive growth through (i) better fiscal management, an improved investment climate and better governance for faster growth, and (ii) investments in human capital to enable the poor to take better advantage of emerging growth opportunities.

Media Contacts
In Washington, DC
Marilene B. Montemayor
Tel : (202) 473-4709