| WASHINGTON, September 16, 2004 - The following project was approved today by the World Bank’s Board:
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CREDIT AMOUNT: US$18 million
TERMS: Grace period = 10 years, Maturity = 20 years
PROJECT DESCRIPTION: The aim of this project is to build on and consolidate reforms supported under the first Structural Adjustment Credit and under programs supported by other donors. This second credit also aims to launch initial reforms in the health sector. The operation proposes to cover four broad policy areas including consolidating reforms in the financial sector; implementing the restructuring of the energy sector; continuing the implementation of pension reforms and initiating health sector reforms; and strengthening the transparency, accountability, and effectiveness of public administration. For more information, please call Miriam Van Dyck at (202) 458-2931, or e-mail: mvandyck@worldbank.org. For project information documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=104231&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P078457
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