LOANS & CREDITS July 1, 2019

Maldives First Fiscal Sustainability and Budget Credibility Development Policy Financing Operation

WASHINGTON, July 01, 2019 - The World Bank’s Board of Executive Directors today approved the following project:

Maldives First Fiscal Sustainability and Budget Credibility Development Policy Financing Operation

IDA Grant: $10 million

IDA Credit: $10 million

Credit Terms: Maturity = 40 Years, Grace = 10 Years

Project ID: P163966

Project Description: The project aims to support the government's efforts in improving the policy framework to enhance sustainability of the public finances; and strengthening the policy framework to increase credibility of the budget.


Contacts

Colombo
Dilinika Peiris
+94 (011) 5561347
dpeiris@worldbank.org
Washington
Elena Karaban
+1 (202) 473-9277
ekaraban@worldbank.org
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