IDA Loan: US$ 300 million
Terms: Maturity = 38 years Grace = 6 years
Project ID: P159683
Project Description: The objectives of the Third Local Governance Support Project for Bangladesh are to institutionalize the Union Parishad (UP) fiscal transfer system, and introduce a fiscal transfer system for Pourashavas on a pilot basis. There are four components to the project: Institutionalization of UP fiscal transfers; audits and performance assessments, and management information systems; expanded block grants to pilot Pourashavas; and capacity development and project implementation support.
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