Georgia Second Programmatic Inclusive Growth Development Policy Operation

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WASHINGTON, April 28, 2017 – The World Bank’s Board of Executive Directors today approved the following project:

Second Programmatic Inclusive Growth Development Policy Operation

IBRD Loan: EUR 47.2 million (US$50.77 million equivalent)

Terms: Maturity = 25 Years, Grace = 14 Years

Project ID: P156444

Project Description: The program development objective of the Second Programmatic Inclusive Growth Development Policy Operation is to support the government in its efforts to strengthen fiscal oversight of public institutions and improve budgeting and the framework for civil service reform, as well as to improve coverage and quality of social services and strengthen monitoring of outcomes.

For more information, please visit: http://projects.worldbank.org/P156444?lang=en

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