WASHINGTON, May 25, 2010 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan: US$1 billion Terms: Maturity = 25 years; Grace = 3 years Project ID: P119856 Project Description: The objective of this project is to support the Government to strengthen public resource management through increased efficiency and to reduce vulnerabilities in the financial sector through restructuring large problem banks. Media Contact: Elena Karaban 202-473-9277 Ekaraban@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P119856 |
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