WASHINGTON, May 21, 2019 - The World Bank’s Board of Executive Directors today approved the following projects:
Colombia Second Fiscal Sustainability and Competitiveness
Development Policy Financing
IBRD Loan: US $750 million
Terms: Maturity = 20.5 years, Grace = 16.5 years
Project ID: P162858
Project Description: The objective of the project is to supports Colombia’s efforts to maintain fiscal sustainability, further strengthen the foundations for productivity growth and support regularization and integration of Venezuelan migrants, in a complex and rapidly changing external environment.
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