WASHINGTON, December 14, 2016 - The World Bank’s Board of Executive Directors today approved the following project:
Djibouti - Governance for Private Sector Development and Finance Project
Additional Financing and Restructuring
IDA Credit and Restructuring: US $ 5.10 million equivalent
Credit maturity of 25 years, Grace period of 5 years
Project ID: P158952
Project Description: The proposed additional credit and restructuring is expected to scale up existing activities related to the reform of the business environment and introduce a new component on modernization of the national payment system at the Central Bank of Djibouti.