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WASHINGTON, October 15, 2009- The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit: US$20 million equivalent
Terms:Maturity = 30 years; Grace Period = 10 years
Project ID:P113757
Project Description:The Decentralized Service Delivery Project aims to support the decentralized delivery of basic services to strengthen government capacity to manage decentralized services; improve the availability and predictability of local councils' funding; and strengthen the intergovernmental fiscal transfer system.
WASHINGTON, October 15, 2009- The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit: US$70 million equivalent
Terms:Maturity = 40 years; Grace Period = 10 years
Project ID:P111567
Project Description:The Electricity Access Scale-up and Sector Wide Approach (SWAp) Development Projectaims to improve access to reliable and cost-effective electricity services for households and priority public institutions.