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LOANS & CREDITS November 26, 2019

Timor-Leste Branch Roads Project

IDA Credit: US$59.0 million equivalent

Terms: Maturity = 40 years, Grace = 10 years

Project ID: P155203

Project Description: The project objective is to improve road access, safety, and climate resilience on the Gleno–Maubisse Corridor and, in the event of an Eligible Crisis or Emergency, to provide an immediate response to the Eligible Crisis or Emergency.