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LOANS & CREDITS May 25, 2018

Enhancing Resilience in the Kyrgyz Republic Project

WASHINGTON, May 25, 2018 – The World Bank’s Board of Executive Directors today approved the following project: Enhancing Resilience in Kyrgyzstan Project.

IDA Credit: US$ 10 million equivalent.

Terms: Maturity = 38 Years, Grace = 6 Years.
IDA Grant: US$ 10 million equivalent.

Project ID: P162635.

Project Description:

The objective of this project is to provide safer and improved learning environment for children, strengthen the Kyrgyz Republic’s capacity to respond to disasters, and reduce adverse financial impacts of natural hazards on the population and the country’s budget.