Development Policy Grant: US $125 million equivalent
Development Policy Credit: US $125 million equivalent
Maturity: 38 years Grace: 6 years
Project ID: P169080
Project Objectives Description: The development objective of the DPF series aims at boosting economic transformation in Ethiopia by increasing private sector participation and promoting good governance practices, including moving towards a sustainable financing model for Ethiopia’s development. The supplemental financing will help the Government of Ethiopia close an unexpected financing gap due to the COVID-19 pandemic, and minimize the impact of the crisis on continued implementation of reforms supported under the Second Ethiopia Growth and Competitiveness Programmatic Development Policy Financing.
For more information about this project, visit https://projects.worldbank.org/en/projects-operations/project-detail/P169080