The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit: US$10 million equivalent
TERMS: Maturity = 40 years; Grace = 10 years
Project Description: The objective of the Second Rural Investment and Services Project in Moldova is to continue to foster post-privatization growth in the agricultural and rural sectors. This will be accomplished by improving access granted to farmers and rural businesses to the knowledge and finance they need. The additional financing will increase the amount of funding for investments made available to rural beneficiaries through the existing RISP II credit line mechanism.
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