WASHINGTON, June 15, 2018 - The World Bank’s Board of Executive Directors today approved the following project:
Tunisia - Urban Development and Local Government Program: additional financing
IBRD LOAN: US$ 130 million equivalent (EUR 107.5 million)
Project ID: P130637
Final Maturity: 28 years, Grace Period: 6 years
Project Description: The Project will help strengthen local governments’ performance to deliver municipal infrastructure, will deliver municipal infrastructure services in an accountable and responsive manner through a combination of grants, own source revenues of municipalities, loans, as well as institutional strengthening of municipalities. It will also improve access to services in targeted disadvantaged.
