WASHINGTON, January 18, 2017 - The World Bank’s Board of Executive Directors today approved the following project:
Serbia First Public Expenditure and Public Utilities Development Policy Loan
IBRD Loan: EUR 182.6 million (US$200 million equivalent)
Terms: Maturity = 20 Years, Grace = 19.5 Years
Project ID: P155694
Project Description: The First Public Expenditure and Public Utilities Development Policy Loan (PEPU DPL) - the first in a proposed series of two operations – supports the Government of Serbia's multi-year effort to raise the efficiency and effectiveness of public spending and transform the energy and transport sectors.
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