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.
