WASHINGTON, June 15, 2017 - The World Bank’s Board of Executive Directors today approved the following project:
Karachi Neighborhood Improvement Project
IDA Credit: $86 million equivalent
Terms: Maturity = 25 years; Grace = 5 years
Project ID: 161980
Project description: This project will enhance public spaces in targeted neighborhoods of Karachi, and improve the city’s capacity to provide selected administrative services.