The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit US$230.22 million equivalent
TERMS: Maturity = 40 years; Grace = 10 years
IDA Grant: US $309.78 million equivalent
Project Description: The development objective of the Protection of Basic Services Program Phase II Project is to expand access and improve the quality of basic services in education, health, agriculture, rural road upkeep, and water supply and sanitation in Ethiopia. This shall be done while continuing to deepen transparency and local accountability in service delivery.
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