WASHINGTON, September 18, 2018 – The World Bank’s Board of Executive Directors today approved the following project:
First Programmatic Energy Sector Development Policy Credit
IDA Credit: $100 million equivalent
Terms: Maturity = 40 years; Grace = 10 years
Project ID: P154693
Project description: This project will support the government’s efforts to improve the financial viability and governance of the electricity sector. The programmatic DPC series has two pillars: improving the financial viability of the electricity sector; and improving the governance of the electricity sector.