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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.

Media Contact

Francois Gouahinga

(202) 473-0696

fgouahinga@worldbank.org 

For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P113757

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 Project aims to improve access to reliable and cost-effective electricity services for households and priority public institutions.

Media Contact

Francois Gouahinga

(202) 473-0696

fgouahinga@worldbank.org 

For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P111567