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LOANS & CREDITS September 13, 2018

FYR Macedonia Social Services Improvement Project

WASHINGTON, September 13, 2018 - The World Bank's Board of Executive Directors today approved the following project: Social Services Improvement Project for FYR Macedonia

IBRD Loan: US$ 33.4 million (EUR 28.7 million equivalent).

Terms: Maturity 15 years and a grace period of 5 years.

Project ID: P162246

Project Development Objectives: To expand access to and improve the quality of social services, including preschool services, for vulnerable groups in FYR Macedonia.