IDA Credit: US$3.16 million equivalent
Terms: Maturity = 40 years, Grace = 10 years
IDA Grant: US$11.84 million equivalent
Project ID: P167465
Project Description: The first pillar of the program focuses on strengthening fiscal management through: (i) strengthening debt management to promote debt sustainability; (ii) improving cash management to mitigate cash-flow related risks; and (iii) strengthening budget management to improve fiscal discipline, budget credibility and allocative efficiency.