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LOANS & CREDITS

Iraq - Emergency Fiscal Stabilization, Energy Sustainability, and State-Owned Enterprise Transparency Development Policy Financing

December 17, 2015

WASHINGTON, December 17, 2015 - The World Bank’s Board of Executive Directors today approved the following project:

Iraq - Emergency Fiscal Stabilization, Energy Sustainability, and State-Owned Enterprise Transparency Development Policy Financing

Loan: US $1,200 million

Terms: Maturity 16 years, Grace 5 years

Project ID: P155962

Project Description: The program will help the Iraqi Government address fiscal issues and achieve priority development targets, and increase stability in Iraq and the broader Middle East and North Africa region. This DPF seeks to safeguard economic stability and basic service delivery. The Program Development objectives are to improve expenditure management, sustainability of energy supply; and transparency of state-owned enterprises.


Media Contacts
In Washington
Lara Saade
Tel : (202) 473-9887
lsaade@worldbank.org

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