Pakistan: Second North West Frontier Province (NWFP) Development Policy Credit (DPC)

WASHINGTON, June 7, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:

 

IDA Credit: US$130 million

TERMS: Grace Period= 10years; Maturity=35years

OBJECTIVE: The objective of this credit is to broaden and deepen human development reforms in key sectors such as education and health. It will also build upon the momentum of reforms in fiscal and public expenditure management, governance, and growth, which were emphasized in the first DPC. The Province scores below national average on education and health indicators, and this operation will focus on expanding coverage and quality of education, health and social protection services, which are critical for sustained and inclusive economic growth.

 

For more information, please call Benjamin Crow at (202) 473 5105 or email:

bcrow@worldbank.org

For more project information, please visit:

http://www.worldbank.org.pk/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=293052&menuPK=293085&Projectid=P097471