WASHINGTON, February 12, 2009 - The following projects
were approved today by the World Bank’s Board of Executive Directors:
Mozambique Competitiveness and Private Sector
Development Project
IDA Credit:US$25 million
TERMS: Maturity = 40 years; Grace= 10 years; Project Description: The
Competitiveness and Private Sector Development Project for Mozambique aims to
improve the business environment and enhance enterprise competitiveness in
Mozambique by: (a) reducing the cost of doing business in the country; (b)
building technical capacity at public sector agencies; and (c) developing
region specific interventions in the tourism and horticulture sectors.
TERMS: Maturity = 30 years; Grace= 5 years Project Description: The
Wenchuan Earthquake Recovery Project for China aims to restore essential
infrastructure, health, and education services to at least levels existing
prior to the Wenchuan Earthquake, and where appropriate, to provide for
expansion of services, while reducing the vulnerability to seismic and flood
hazards and building capacity of local governments to manage the recovery
program.
WASHINGTON, February 3, 2009 - The following project
was approved today by the World Bank’s Board of Executive Directors:
Uruguay Development Policy Loan (Second Programmatic
Reform Implementation Development Policy
Program)
IBRD Loan:US$400 million
TERMS: Maturity = 20.5 years; Grace= 15 years Project Description:The Second Programmatic Reform Implementation
Development Policy Loan (PRIDPL II) for Uruguay will support the government of
Uruguay?s implementation of reforms in three key policy areas: (i) tax reform;
(ii) the business climate and capital markets; and (iii) the social protection
system where the loan builds on the achievements of the Social Program
Development Policy Loan (SPDPL). The PRIDPL operations are a cornerstone of the
Uruguay CAS.
Development policy lending under the CAS is intended to support
government policies in public sector management, financial sector reform and
social programs reform. The PRIDPL I1 operation is consistent with the three
main objectives of the CAS, namely: (i) reduce vulnerability of Uruguay?s
economy;
(ii) sustain economic growth; and (iii) improve living standards.
For more information on the World Bank?s work in Uruguay visit:
WASHINGTON, January 29, 2009 - The following projects
were approved today by the World Bank’s Board of Executive Directors:
Moldova - Additional Financing for Energy II Project
IDA Credit:US$10 million
equivalent
TERMS: Maturity = 40 years; Grace= 10 years; Project Description:The additional financing will scale up the
heating component of the Energy II Project to improve the availability,
quality, and efficiency of heating in selected public buildings.
TERMS: Maturity = 21 years; Grace= 6 years Project Description:The project will provide support to the
Government of Egypt to (i) help ensure continuous electricity supply to meet
demand in a sustainable manner through investment in new generation capacity;
and (ii) improve the sector?s financial sustainability by providing technical
assistance to the Egyptian Electricity Holding Company (EEHC) to support the
implementation of adjustments to electricity tariffs.
TERMS: Maturity = 15 years; Grace= 5 years Project Description:The project will strengthen the investment
climate of Mauritius and advance public enterprise reform in order to induce
supply-side investment responses.
Brazil - Health Formation and Quality Improvement
Project
IBRD Loan:US$235 million
TERMS: Maturity = 30 years; Grace= 5 years Project Description:The project will help improve the
effectiveness of Brazil?s universal health care system by supporting the
development of regional health care networks, resulting in better promotion,
prevention, detection and treatment of priority health conditions emphasizing
non-communicable diseases.
The project will also seek to improve the quality and efficiency of
local hospitals and health centers as well as transport and other logistical
systems important for health delivery in the targeted regions and populations.
Haiti - Additional Financing for Community-Driven
Development Project
IDA Grant:US$8 million equivalent
Project Description: The additional financing grant will provide basic
infrastructure and social services for disadvantaged rural communities through
a participatory process in which community-based organizations propose, select,
implement, and maintain subprojects.The
grant builds upon the successful implementation of the Community-Driven
Development Project (PRODEP), originally supported by a US$38 million grant
approved by the Bank in July 2005. The new funds, which will go towards the 32
municipalities that participated within the first phase of the ongoing project,
will scale-up the direct transfer of funds to local community organizations to
improve their access to basic social and economic infrastructure and
income-generating activities, benefiting approximately 60,000 additional
residents.
WASHINGTON, January 22, 2009 - The following projects
were approved today by the World Bank’s Board of Executive Directors:
El Salvador - Public Finance and Social Sector
Development Policy Loan
IBRD Loan:US$450 million
TERMS: Maturity = 30 years; Grace= 5 years Project Description:The main objectives of the Public Finance and
Social Sector DPL are to:
(i) help El Salvador strengthen medium-tern fiscal sustainability; (ii)
support good governance and transparency in the use of public resources; and
(iii)maintain steady improvements in social protection and education.
For more information on El Salvador, please visit:
Benin - Fifth Poverty Reduction Support Grant (PRSC-5)
IDA Grant:US$30 million
Project Description: This grant aims to support implementation of
Benin?s poverty reduction strategy. Specifically, it would support: (i)
modernizing the regulatory framework and policy environment for private
investment and infrastructure; (ii) increasing progress toward the MDGs by
raising the quality, efficiency and access for basic social services; and (iii)
promoting better governance through public financial management reforms.
Lebanon - Urban Transport Development Project
Additional Financing
IBRD Loan:US$69.7 million
TERMS: Maturity = 26 years; Grace= 6 years Project Description: The
additional financing will continue to provide the city of Beirut and the
greater Beirut area with the basic institutional framework and critical
investments needed to maximize the efficiency of the existing urban transport
infrastructure. Specifically, the project seeks to improve traffic management,
regulate on-street parking in selected zones, improve traffic flow along seven
main corridors, improve transport planning, and organize public transport
services.
Honduras - Power Sector Efficiency Enhancement Project
(PROMEF)
IDA Credit:US$30 million
TERMS: Maturity = 20 years; Grace= 10years Project Description:This
project aims to:(i) improving the
National Electric Power Company?s(ENEE)
commercial and corporate resource management; (ii) rehabilitating ENEE?s
distribution regional sub-networks; and (iii) strengthening ENEE?s
institutional capacity and corporate governance.
WASHINGTON, January 15, 2009 - The following projects
were approved today by the World Bank’s Board of Executive Directors:
Jamaica - Fiscal and Debt Sustainability DPL
IBRD Loan:US$100 million
TERMS: Maturity = 30 years; Grace= 5 years Project Description:The project will assist the government in
improving fiscal and debt sustainability during an on-going and severe global
financial crisis by supporting policies for macroeconomic stability and helping
to improve the efficiency and effectiveness of public spending and investment
decisions.
Specifically, the project will support policy actions in the following
areas:
(i) promoting fiscal sustainability through controlling overall public
sector balances, debt generation, and rationalization of public bodies, (ii)
increasing the efficiency of public financial management and budgeting
processes, and (iii) reducing distortions and enhancing the efficiency and
fairness of the tax system.
Nigeria - Commercial Agriculture Development (S)
Project
IDA Credit:US$150 million
TERMS: Maturity = 40 years; Grace= 10 years; Project Description: The
project will support the government in strengthening agricultural production
systems and facilitating access to markets for participating small- and
medium-scale commercial farmers in the targeted states.
The project has two components, namely, (i) Agricultural Production and
Commercialization; and (ii) Rural Infrastructure. The project will also finance
Project Management, Monitoring and Evaluation and Studies.
Indonesia - Tax Administration Reform (PINTAR) (S)
Project
IBRD Loan:US$110 million
TERMS: Maturity = 25.5 years; Grace= 9 years Project Description: The
project will assist the government to increase taxpayer compliance by
increasing the efficiency and effectiveness of the Directorate General of Tax,
and improve good governance in tax administration by strengthening transparency
and accountability mechanisms.
WASHINGTON, December 22, 2008 - The following projects
were approved today by the World Bank’s Board of Executive Directors:
Ukraine:Development Policy Lending 3 (DPL 3)
IBRD Loan:US$500 million
TERMS: Maturity = 30 years; Grace= 5 years Project Description: The
programmatic Development Policy Lending series supports reforms under three
policy areas: (i) improving the investment climate to sustain growth, (ii)
creating fiscal space for growth through strengthened public finances and
public sector reforms; and (iii) improving service delivery and social
inclusion.
Poland:Public
Finance Management, Employment, and Private Sector Development Programmatic Policy
Loan
IBRD Loan:975 million (US$1.25
billion)
TERMS: Maturity = 30 years; Grace= 5 years Project Description: The
Public Finance Management, Employment, and Private Sector Development
Programmatic Policy Loan will support the government's plans to enhance the
quality and efficiency of public finances, increase the supply of relevant and
skilled labor, and strengthen the business environment.
WASHINGTON, December 18, 2008 - The following projects
were approved today by the World Bank’s Board of Executive Directors:
Democratic Republic of Congo:Urban Water Supply Project
IDA Grant: US$190 Million
Project Description: The Urban Water Supply Project for the Democratic
Republic of Congo aims to increase access to water in selected urban areas and
increase the efficiency of REGIDESO (State Water Utility Company - DRC). There
are two components to the project. The first component will improve and expand
water supply services in major urban centers. The second component will support
sector reform, capacity building, and improved governance. This component will
also:
(i) contribute to the sustainability of investments funded by other
donors in the sector; and (ii) enable REGIDESO to initiate rehabilitation in
other centers across the country using cash generated in the profitable
centers, and therefore proceed to the extension of water provision in cities
which are not benefiting from the investments under component first.
TERMS: Maturity = Fixed Spread Loan with a non-level repayment schedule
Project Description: This project aims to: 1) complement the income of poor
families with children; 2) promote human capital formation of poor children by
increasing regular check-ups, for growth monitoring and other services, and by
increasing enrollment and school attendance; and 3) strengthen program quality.
The project has one component: consolidation and expansion of the
Familias Program. The program is directed to poor families with children below
18 years of age. Familias is a conditional cash transfer program which
disburses cash transfers (grants) to families conditional on compliance with
certain requirements. Currently, these include: a) assuring that children 0-6,
regularly visit health centers for growth monitoring and other services,
according to Ministry of Social Protection (MSP) protocols; and b) assuring
that children
7-17 years of age enroll in school and attend classes no less than 80
percent of the time.
Colombia:Third
Programmatic Development Policy Loan (DPL) for Sustainable Development Project (SusDevDPL
III)
IBRD Loan:US$450 million
TERMS: Maturity = 24 years; Grace= 11 years; Project Description: The
Third Programmatic Development Policy Loan (DPL) for Sustainable Development
Project (SusDevDPL III) for Colombia aims to support the government of
Colombia?s efforts to achieve the Millennium Development Goals (MDGs). It
particularly supports Goal seven which seeks to ensure environmental
sustainability. The SusDevDPL III continues efforts to prepare critical
sustainable development policies, strengthen Sistema Nacional de Ambiente
(SINA) agencies, and implement a system to monitor regional and national
environmental performance.
Colombia:Disaster Risk Management Development Policy Loan with Catastrophe Deferred Draw-Down Option
(CAT DDO) Project
IBRD Loan:US$150 Million
TERMS: Maturity = 24 years; Grace= 11 years; Project Description: The
Disaster Risk Management Development Policy Loan with Catastrophe Deferred Draw
Down Option (CAT DDO) Project for Colombia aims to strengthen the Government of
Colombia?s program for reducing risks resulting from adverse natural events.
The operation supports an institutional effort widely perceived as necessary
and which the Government is already actively implementing, in part with support
from the Bank through two previous lending operations. This CAT DDO will
replace an existing contingent line of credit included as a component in the
disaster vulnerability reduction adaptable program loan (APL).
Mexico:Environmental Sustainability Development Policy Loan
IBRD Loan:US$401 million
TERMS: Maturity = 17 years; Grace = 17 years Project Description: This
project aims to support the government of Mexico?s environmental reform
program, which intends to integrate environmental considerations in the
policies and programs of six economic sectors: tourism, energy, forests, water,
agriculture and housing. With this financing, the government is on its way to
accomplish its environmental goals through the implementation of sectoral
reforms focused on key concerns, such as reducing water and air pollution,
promoting the efficient use of water and energy, and the conservation of forest
resources and land.
Peru:Second
Programmatic Fiscal Management And Competitiveness Development Policy Loan for
Peru
IBRD Loan:US$330 Million
TERMS: Maturity = 21.5 years; Grace = 13.5 years Project Description:
This project aims to support the Government of Peru?s efforts to improve the
efficiency and quality of fiscal management, and enhance competitiveness.
Together, reforms in these two areas have strengthened the ability to achieve
the Government?s ultimate goal: accelerating and broadening economic growth to
improve the standard of living of all Peruvians. The mix of overall
macroeconomic policy stability with gradual reforms in key areas has followed
thus far shown positive results in terms o f greater business creation and
growth. Moreover, the combination of high growth with prudent fiscal/financial
management will provide flexibility and space to address social needs.
Lao PDR:Sustainable Forestry for Rural Development Project for Lao PDR
IDA Credit:US$10 Million
TERMS: Maturity = 21.5 years; Grace = 13.5 years Project Description:
This project aims to support the Lao Government to achieve the sustainable
management of production forests in an effort to alleviate rural poverty in a
number ofprovinces. It sets out to
implement the forest policy reform actions and policies under the Government's
Letter of Forest Management Policy.
WASHINGTON, November 25, 2008- The following projects were approved
today by the World Bank’s Board of Executive Directors:
Bosnia and Herzegovina Second Solid Waste Management Project
IDA Credit:US$15 Million Dollars
TERMS: Maturity = 40 years; Grace = 10 years
Project Description: The Second Solid Waste Management Project for
Bosnia and Herzegovina aims to improve the availability, quality, environmental
soundness, and financial viability of solid waste management services in
participating utilities/regions. There are three components to the project.
Component A: waste management. This component invests in rehabilitating
existing disposal sites, closing wild dumps, improving collection infrastructure,
supporting equipment purchases, and to a limited extent, converting existing
small dump sites to transfer stations. Component B: capacity building. This
component provides technical assistance and engineering services to
participating regions and will finance institutional strengthening and
capacity-building activities benefiting the entity-level institutions involved
in solid waste management. Component C:
project management and operating cost. This component supports Project
Management Unit (PMU) operation in both entities and assists project
implementation.
Brazil (State of Paraiba): Paraiba Second Rural Poverty Reduction
Project
IBRD Loan:US$20.9 Million
Dollars
TERMS: Maturity = 19 years; Grace = 4 years
Project Description: The Paraiba Second Rural Poverty Reduction Project
for Brazil aims to support the Government of Paraiba's efforts to reduce the
incidence of rural poverty by: (a) improving access to small-scale
socioeconomic infrastructure and services; (b) raising incomes and capital
assets through investments in productive activities while facilitating linkages
between small producers and national and international markets; and (c)
strengthening the capacity of Municipal Councils (MCs) and Community
Associations (CAs) to raise funding and harmonize policies and institutional
arrangements for delivery of public investments intended to benefit the rural
poor.
Kyrgyz Republic Energy Emergency Assistance Project
IDA Credit:US$5.5 Million
Dollars
TERMS: Maturity = 40 years; Grace = 10
Project Description: Energy Emergency Assistance Project for Kyrgyz
Republic aims to respond to the urgent request made by the Government of the
Kyrgyz Republic (GoKR) to support implementation of the Government?s Energy
Emergency Mitigation Action Plan (EEMAP) and improve energy security in the
country.The objectives of the EEMAP include: (i) sustaining thermal and heat
energy supply in the shortest possible timeframe; (ii) initiating preparatory
actions for the next two winters when the energy situation is likely to remain
in deficit; and (iii) identifying actions to be implemented over the medium-
and long-term to improve the energy security o f the country.
WASHINGTON, November 11, 2008- The following project was approved today
by the World Bank’s Board of Executive Directors:
Argentina: Renewable Energy in the Rural Market Project (Additional
Financing)
IBRD Loan:US$50 Million Dollars
TERMS: Maturity = 15 years; Grace = 5 years
Project Description: The additional financing has the same fundamental
objectives as the original Renewable Energy in the Rural Market Project,
namely: (a) to provide rural areas of the participating provinces with reliable
electricity supply in a sustainable manner using renewable energy technologies,
when feasible; (b) to support studies by the borrower of critical energy sector
issues; (c) to assist in the development of sustainable business operations for
rural energy in Argentina; and (d) to strengthen private sector participation
in the provision of electricity in rural areas and to strengthen the capacity
of provincial governments to regulate private sector participation. The
additional financing will help finance the costs associated with the scaling up
of activities to enhance the development impact of the project in the period
2008-2011.
Namibia: Second Development
Policy Loan First Education and Training Sector Improvement Program:
IBRD Loan:US$7.5 Million Dollars
TERMS: Maturity = 1.5 years;
Grace = N/A ? Bullet Repayment, April 2010 Project Description: The Second
Development Policy Loan (DPL2) in support of the Education and Training Sector
Improvement Program for Namibia aims to reinforce and extend sector policy,
legal, financial and institutional reforms initiated during DPL1. It supports
the development of: (i) specific policies, legal and financing frameworks that
underpin planned sector reforms; (ii) specific systems and tools required to
give effect to policies, legal and funding frameworks intended to improve
education access, equity, quality, relevance, and efficiency; and (iii)
specific institutional capacities that are critical for effective
implementation of planned sector reforms.
Brazil (State of Espirito Santo):
Espirito Santo Biodiversity and Watershed Conservation and
Restoration Project
GEF Grant:US$4 Million Dollars
Project Description: The Espirito
Santo Biodiversity and Watershed Conservation and Restoration Project for
Brazil aims to support the adoption of environmentally friendly land use
practices on 3,400 hectares in two key Atlantic forest watersheds in Espírito
Santo, thereby contributing to improved biodiversity conservation. There are
four components to the project. The first component of the project is
strengthening watershed management. The second component of the project is
targeted biodiversity protection and protected area
(PA) management. The third
component of the project is integrating biodiversity in production landscapes.
The fourth and the final component of the project is monitoring and evaluation
(M&E), and project management.
Haiti: Emergency Bridge
Reconstruction and Vulnerability Reduction Project
IDA Grant:US$20 Million Dollars
Project Description: Emergency
Bridge Reconstruction and Vulnerability Reduction Project for Haiti aims to
restore access on selected critical points of the Haitian transport system, and
ii) support vulnerability reduction by strengthening the Haitian National
Disaster Risk Management System. In addition to the emergency reconstruction of
selected infrastructure, the proposed program is expected to contribute to vulnerability
reduction. In particular, the project will pilot integrated approaches to
reducing the impact of future adverse natural events by developing improved
technical standards for bridges, promoting the preventive maintenance of
infrastructure and building basic institutional capacity to handle future
disasters.
WASHINGTON, November 4, 2008- The following projects were approved today
by the World Bank’s Board of Executive Directors:
Bulgaria: Second Social Sectors Institutional Reform Development Policy
Loan
IBRD Loan:US$150 Million
Equivalent
TERMS: Maturity = 17 years; Grace = 5 years
Project Description: This second of three Social Sectors Institutional
Reform
(SIR) Development Policy Loans (DPL II) has been designed to support the
Government of Bulgaria to meet some of the challenges associated with European
Union. The DPL series is supporting the adoption and implementation of policies
to (i) increase employment and lay the foundations for long-term productivity
growth by providing incentives for job creation and improving quality of
education; and (ii) promote fiscal sustainability through efficiency gains in
social sectors.
Project Description: The Social Inclusion Project (SIP) for Bulgaria
aims to promote social inclusion through increasing the school readiness of
children below the age of seven, targeting low-income and marginalized families
(including children with a disability and other special needs). There are two
components to the project. The first component is the integrated social and
childcare services. The second component is capacity-building; supporting the
design and pilot launch of a national school readiness program, and financing
necessary capacity-building activities at the central and municipal level.
European Social Fund funding will be available finance the large part of
local capacity-building activities, but SIP financing will be made available
through this component to ensure quick start-up.
Project Description: The Fifth Poverty Reduction Support Credit (PRSC-5)
is designed to assist the Government of Mozambique (GoM) to implement key
policy actions outlined in its 2005-2009 second action plan for the reduction
of absolute poverty (known as PARPA II by its Portuguese acronym) and in the
performance assessment framework agreed by the government and the 19 external
partners that provide General Budget Support (GBS) to GoM. Within this context,
PRSC-5 is expected to help the GoM in (a) the consolidation and
deepening of the institutional reforms in the area of macroeconomic management;
(b) reforms in governance by supporting decentralization to enhance public
investments and service delivery at the provincial and district level, and by
supporting public sector reform; and (c) economic development by removing
constraints to growth, such as infrastructure, and promoting agricultural growth.
The PRSC-5 also supports the implementation of the government policy response
to the higher global food and fuel prices.
Mexico: Consolidation of the Protected Areas System Project (SINAP II)
GEF Grant: US$5.44 million
Project Description: The Consolidation of the Protected Areas System
Project (SINAP II)for Mexico aims to
assist the Mexican government; Mexico?s Development Banking Institution,
Nacional Financiera, and the Mexican Nature Conservation Fund, in their efforts
to promote conservation and the sustainable use of biodiversity through the
consolidation of the Protected Areas System Project.These resources represent long term financing
for three additional biosphere reserves: La Sepultura and El Ocote in Chiapas;
and Mapimi in the states of Chihuahua, Coahuila and Durango. Each one encloses
unique biodiversity that faces threat to its conservation and its sustainable
use.
Project Description: The Private Housing Finance Markets Strengthening
Project for Mexico aims to strengthen the financial capacity of Mexico’s
Federal Mortgage Corporation (SHF) to develop and consolidate markets for
housing finance and to expand access to lower income groups over the
medium-term; and improve SHF's technical capacity to expand access to lower
income groups over the medium-term.
Bangladesh:Emergency 2007
Cyclone Recovery and Restoration Project (ECRRP)
IDA Credit: US$109 Million Equivalent
TERMS: Maturity = 40 years; Grace = 10 years
Project Description: The Emergency 2007 Cyclone Recovery and Restoration
Project for Bangladesh aims to finance reconstruction and improvement of some
300 multi-purpose shelters and rehabilitation of 100 km of coastal embankments,
using cyclone-resistant building techniques. It will also support activities in
the agriculture sector that will help farmers prepare for the next growing
season and strengthen their ability to cope with future disasters. The project
will also strengthen the Government?s medium- and long-term disaster risk
mitigation and reduction capacity, including support to the Disaster Management
Bureau. It will also finance preparation of future projects for river bank
improvement, coastal embankment strengthening programs, disaster shelters, and
up-gradation of rural road network.
Madagascar: Irrigation and Watershed Management Project
GEF Grant: US$5.44 million
Project Description: The Irrigation and Watershed Management Project for
Madagascar aims to establish a viable basis for irrigated agriculture and
natural resources management in four main irrigation sites and their
surrounding watersheds. The project consists of the following components: (1)
laying the foundations for improved market access and sustainable
intensification and diversification of irrigated and rainfed agricultural
systems in the project's watersheds; (2) for improved management, maintenance
and sustainability of irrigation services provision in four large-scale
irrigation schemes through rehabilitation of irrigation infrastructure,
capacity strengthening of stakeholders and clarification of roles and
responsibilities, and establishment of an appropriate incentive framework; (3)
for sustainable management of watersheds including irrigated and rainfed
agriculture, the conservation of the natural heritage, and improved
productivity of the natural resources. And (4) managing and using resources in
accordance with the project's objectives and procedures, and to put in place a
policy framework that is favorable to upscaling of the project at the national
level.
WASHINGTON, October 30, 2008 - The following projects were approved
today by the World Bank’s Board of Executive Directors:
Guinea:Education for All
IDA Grant:US$10 Million
Equivalent
Project Description:The
Additional Financing will assist the Government of Guinea in its efforts to
improve the conditions for teaching and learning in it s territory, through (i)
expanded access to education, (ii) enhanced quality o fl earning, and (iii)
strengthened capacity for decentralized management of the sector.
Vietnam:Financial Sector
Modernization & Information Mgmt System Project
IDA Credit: US$60 Million Equivalent
TERMS: Maturity = 40 years; Grace = 10 years
Project Description: The project will assist the State Bank of Vietnam,
the Credit Information Center and the Deposit Insurance of Vietnam to improve
the delivery of their main functions in accordance with relevant international
standards for the banking sector, through (a) developing a centralized and
integrated system of advanced business processes and a modern information
technology architecture; and (b) strengthening their institutional capacity in
carrying out their operations.
Project Description:The
additional financing will support the government of Armenia’s efforts in
scaling up activities implemented under the on-going program of water system
rehabilitation and improvements, including extension of the ongoing management
contract between the Armenia Water and Wastewater Company (AWSC), the water
utility in charge of the project, and an international water supply utility
operator.
Project Description: The project aims(i)to contribute to the gradual reduction of road transport costs and
improve ease of transit and safety along the central part of Georgia?s
East-West corridor through upgrading a segment of the East-West Highway (E60)
from Tbilisi to Rikoti, and (ii) to strengthen the capacity of government
agencies (particularly the Road Department of the Ministry of Economic
Development) to develop and implement a traffic safety program. The additional
financing involves no change of the project?s original objectives, design or
scope.
Project Description: This project aims to finance the construction of a
300 megawatt, gas turbine power plant at Siddhirganj, an existing power
generation site to the southeast of Dhaka.It will also finance a 60 km natural gas pipeline from Bakhrabad to
Siddhirganj that will improve the reliability of gas supply to the Siddhirganj
power plant, and an 11 km electricity transmission line so that power from the
plant can be distributed to consumers.
WASHINGTON, October 2, 2008 - The following projects were approved today
by the World Bank’s Board of Executive Directors:
Georgia: Regional and Municipal Infrastructure Development Project
IDA Credit Amount: US$40 million equivalent
Terms: Maturity = 20 years; Grace = 10 years; Project Description:The Project aims to improve the efficiency
and reliability of selected municipal infrastructure and service and assist in
restoring infrastructure, services and improving housing conditions of
conflict-affected population in Georgia.
Georgia:Fourth Poverty Reduction
Support Operation (PRSO IV)
IDA Credit Amount: US$40 million equivalent
Terms: Maturity = 20 years; Grace = 10 years;
Project Description:The Project
will support the Government of Georgia’s efforts to sustain implementation of
the Poverty Reduction Support Operation
(PRSO) program in the face of unanticipated budget constraints
associated with the August 2008 conflict.The PRSO reform program focuses on four critical reform pillars: (i)
strengthening public sector accountability, efficiency, and transparency; (ii)
improving electricity and gas sector services; (iii) improving the environment
for private sector development; and (iv) improving social protection, education
and health care services.
Mexico: Environmental Sustainability Development Policy Loan
IBRD Loan Amount: US$300.75 million
Terms: Maturity = 15 years; Grace = 15 years;
Project Description:The
Environmental Sustainability Development Policy Loan
(DPL) will support the Government of Mexico’s medium-term, outcome-based
program to promote sustainable development. The overarching objective of the
DPL operation is to balance socio-economic development with environmental
protection and improvement.
Indonesia: School Operational Assistance Knowledge Improvement for
Transparency and Accountability (BOS-KITA)
IBRD Loan: US$600 million
TERMS: Maturity= 17 years; Grace = 5 years
Project Description: This project aims to improve access to quality
education for all children of ages 7 to 15 strengthening school based
management and community participation, improving existing fiduciary
arrangements for greater transparency and accountability of the program, and
consequently, bringing about better utilization of the funds.
Sierra Leone: Second Governance Reform and Growth Credit
IDA Credit: US$10 million
TERMS: Maturity= 40 years; Grace = 10 years
Project Description: The project aims to support the government of
Sierra Leone’s efforts to: (i)preserve the fiscal space needed for poverty reduction;
(ii) promote efficiency, transparency and accountability in the use o f
public resources through enhanced public financial management and governance;
and (iii) improve the investment climate and promote exports. The operation
complements similar support provided in these areas by the AfDB, DfID and the
EC.
Guatemala:First Programmatic
Fiscal and Institutional Development Policy Loan
IBRD Loan: US$200 million
Project Description: This is the first of three programmatic loans
supporting the efforts of the Guatemalan Government to improve fiscal and
institutional policies and assuring that the country benefits from its growth.
TERMS: Maturity= 10 years; Grace = 5 years Project Description: The
additional financing aims to increase activities related to urban mobility and
strengthening institutions.
Madagascar:Additional Financing
for Rural Development Support Project
IDA Credit: US$30 million
TERMS: Maturity= 40 years; Grace = 10 years
ProjectDescription:Theproject will increase incomes and reduce poverty in ruralareas,while preservingthecountry?s natural resource base.It will supportthecostsassociatedwithscalingup the activities of the ongoing projecttoabout2,200newsub-projectsbenefiting about 70,000 additional
households,thuscontributingtoa significant enhancement of
its impact and development effectiveness.
Project Description:The poverty
reduction support operation (PRSC-6) is the third credit in a series of five
annual operations (PRSC-4/8) and the mid-cycle operation supporting the
implementation of Tanzania?s National Strategy for Growth and Reduction of Poverty
(known as MKUKUTA). Its strategic focus is on two key sets of objectives:
sustaining high and shared economic growth, and expanding the effective
delivery of basic services through the government budget.
Project Description: The project will improve the efficiency and
outcomes of the emergency medical services (EMS) system and strengthen the
capacity of the Ministry of Health and Social Welfare to develop and implement
strategic projects.The first part of
this objective will be achieved through the implementation of a comprehensive
emergency medical services reform including the (i) establishment of a Croatian
Institute for Emergency Medical Services;
(ii) reorganization of pre-hospital EMS; (iii) integration of
in-hospital EMS; and (iv) the initiation of an emergency-related telemedicine
service delivery network.The second
part of the objective will be achieved through the (i) development of priority
programs as a basis for planning the key elements of a health investment
strategy; (ii) the development of essential human resources and institutional
capacity for accessing EU funds; and (iii) project management support for
successful execution of the Project.
Nigeria Additional Financing to Partnerships for Polio Eradication
Project
IDA Credit: US$50 million equivalent
TERMS: Maturity = 35-40 years; Grace = 10years
Project Description: As part of a global polio eradication effort, the
additional financing will continue assist the Government of Nigeria in its
efforts to eradicate Poliomyelitis through the provision of oral polio vaccine
(OPV). The ongoing Partnership for Polio Project has three components: (a) The
procurement of OPV; (b) Supplemental operations including cold chain, social
mobilization, and training; and (c) Surveillance. IDA finances the first
component, while the other two components are financed by the Nigerian
Government, several bilateral donors and agencies, including UNICEF, WHO, and
CIDA.
Nigeria - Additional Financing to Second Health Systems Development
Project
IDA Credit Amount: US$90 million equivalent
TERMS: Maturity = 35-40 years; Grace = 10 years
Project Description: The additional financing will assist the Government
of Nigeria in: (i) strengthening the capacities for management of the health
system at the state level; (ii) improving the delivery of primary health care
services with a particular focus on maternal and child health and reproductive
health services in participating states; and (iii) at the federal level,
strengthening policy formulation and further developing a system to monitor the
performance of the health sector.
Project Description: The purpose of the project is to assist the
Government of Jordan in improving the operational, financial and environmental
performance of its municipal solid waste system through:(i) environmentally upgrading and expanding
the existing municipal solid waste landfill to meet Amman City?s disposal needs
and generate electricity while mitigating green house gases; and
(ii) improving the cost effectiveness of the existing municipal solid
waste collection and transport systems and improve overall cost recovery.
Terms: Maturity = 30 years; Grace = 5 years IDA Credit Amount:SDR 34.5 million (US$56 million equivalent)
Terms: Maturity. = 35 years; Grace = 10 years;
Project Description:The project
will rehabilitate some 900 irrigation tanks covering a cultivable area of about
120,000 hectares spread across 29 districts of the state. The project will
support improvements in production technologies and management practices, and
promote better market linkages. It will also strengthen community-based
institutions, enabling them to assume greater responsibility for tank
management. This is expected to increase productivity in agriculture, livestock
and fisheries, and promote more effective and sustainable management of tank
systems.
