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LOANS & CREDITS November 8, 2018

Economic Governance Development Policy Operation for the Kyrgyz Republic

WASHINGTON, November 8, 2018 – The World Bank’s Board of Executive Directors today approved the following project: Economic Governance Development Policy Operation (EGDPO) for the Kyrgyz Republic.

IDA Credit: US$ 12 million equivalent

Terms: Maturity = 38 Years, Grace = 6 Years

IDA Grant: US$ 12 million equivalent

Project ID: P163983

Project Description: The Program Development Objective is to support the Government of the Kyrgyz Republic in: 1) Strengthening macro-fiscal foundations for growth through reforms aimed at enhancing budget discipline and transparency, and increasing revenue mobilization; 2) Enhancing transparency and anti-corruption in the public sector through measures to improve public sector integrity, including in public procurement, and; 3) Boosting private sector competitiveness through measures to facilitate trade, improve the business environment, and promote greater digital connectivity.


Contacts

Washington
John Mackedon
+1 (202) 458-1358
jmackedon@worldbank.org
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