| WASHINGTON, June 7, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:  IDA Credit: US$17.0 million TERMS: Grace Period= 10 years; Maturity= 40 years OBJECTIVE: The project is an integral part of a larger and longer-term program of the Government of Moldova to improve the efficiency and effectiveness of social spending. It will assist the Government in reducing premature mortality and disability, and in improving the targeting of social transfers and services to the poor. The project has three main components. The first component, Health System Modernization, builds on on-going reforms in the health sector that form part of the National Health Strategy 2007-2017. The second component, Social Assistance and Welfare, supports Government plans to improve the effectiveness of cash benefits and social welfare services in combating poverty. The third component, Institutional Support, relates to the provision of institutional support for the implementation of the reform strategies.  For more information, please call Steven Jouy at (202) 473-4215 or email: sjouy@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P095250 |
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