WASHINGTON, August 1, 2006 - The following project was approved today by the World Bank’s Board of Executive Directors:   IDA CREDIT: US$75 million TERMS: Grace period = 10 years; Maturity = 35 years IBRD LOAN: US$150 million TERMS: Grace period = 5 years; Maturity = 20 years PROJECT DESCRIPTION: The main objective of this project is to support reforms aiming to expand income earning opportunities, especially in agriculture, and improved access to basic services for the poor. Reforms supported by this operation will focus on enhancing agricultural productivity, security of land rights and market access for poor farmers, improving the investment climate and consolidating the fiscal improvement achieved in recent years.  For project details, please call Erik Nora at (202) 458 4735 or e-mail enora@worldbank.org For more information, please visit the project website: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P097036  |
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