WASHINGTON, November 3, 2015 - The World Bank’s Board of Executive Directors today approved the following project:
Kazakhstan - First Fiscal Management and Resilience Programmatic Development Policy Financing Project
IBRD Loan: US$ 1 billion
Terms: Maturity = 20 Years, Grace = 2.5 Years
Project ID: P154702
The Project objective is to support the Government of Kazakhstan implement reforms focused on: (i) strengthening the sustainability of the macroeconomic framework while protecting the vulnerable groups; and (ii) helping improve competitiveness of the non-oil economy.
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