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LOANS & CREDITS March 12, 2018

Belarus – Forestry Development Project – Additional Financing

WASHINGTON DC, March 12, 2018 — The World Bank’s Board of Executive Directors today approved the following project:

Belarus – Forestry Development Project – Additional Financing


March 12, 2018

IBRD Loan: EURO $12 million equivalent

Terms: Maturity = 12 years, Grace = 3 years

Project ID: P147760

Project Description: The objective of the project is to enhance silvicultural management and reforestation and afforestation, increase the use of felling residues and improve the public good contribution from forests in targeted forest areas.

For more information, please visit here: https://www.worldbank.org/projects/P147760?lang=en