WASHINGTON, June 20, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:  IBRD LOAN: US$17 million TERMS: Grace period = 5 years; Maturity = 17 years. GEF GRANT: US$4.5 million PROJECT DESCRIPTION: The project supports Serbia’s National Agriculture Strategy to enhance the competitiveness of the country’s agricultural products in local and international markets. It will also assist the Government with creating a more efficient and transparent rural development grants program and help the country qualify for and use European Union pre–accession funding. The project’s GEF component will focus on preserving biodiversity and promoting sustainable use of natural resources and rural tourism in the Stara Planina area.  For more information, please call Steven Jouy, at (+1-202) 473-4215 or email: sjouy@worldbank.org For project documents, please visit the project web site here and view the GEF documents here
 |
RSS