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Iraq – Emergency Operation for Development Project

July 7, 2015

WASHINGTON, July 7, 2015 - The World Bank’s Board of Executive Directors today approved the following project:

Iraq – Emergency Operation for Development Project

Loan: US $350 million equivalent

Terms: Maturity = 15 years, Grace = 5 years

Project ID: P155732

Project Description: The project will support the reconstruction of the country’s conflict-wrecked infrastructure and restore public services in municipal areas under Government control. It will contribute to Iraq’s efforts to rebuild state institutions and put the economy on the path to recovery in areas where conflict has subsided.

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