Georgia: First Development Policy Operation
WASHINGTON, July 2, 2009 - The World Bank’s Board of Executive Directors today approved the following project:
Georgia: First Development Policy Operation
IDA Credit: US$85 million equivalent
Terms: Maturity = 20 years; Grace period = 10 years
Project ID: P112700
Project Description: The objective of the First Development Policy Operation in Georgia will help support structural reforms in Georgia of the upcoming Country Partnership Strategy covering 2010-13. The proposed project supports the strategic developmental objectives of the Government’s medium term reform program described in the poverty reduction strategy entitled “United Georgia without Poverty”.
Media Contact
Michael Jones
(202) 473-2588
For more project information, please visit:
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