WASHINGTON, June 7, 2018 - The World Bank’s Board of Executive Directors today approved the following project:
Maldives: Public Financial Management Systems Strengthening Project - Additional Financing
IDA Loan: US$6 million | IDA Grant: US$6 million
Terms: Maturity = 40 Years, Grace = 10 Years
Project ID: P145317
Project Description: Building on the existing Public Financial Management Systems Strengthening Project, the additional financing will help improve planning and budgeting, debt and cash management, financial reporting, procurement, and State‐Owned Enterprise monitoring and oversight.