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Updated on December 15th, 2016:
(R) Access to Longer Term Finance for Micro, Small and Medium Enterprises Project:
The Project Development Objectives (PDO) are to improve access to, and strengthen the framework for the provision of, longer term finance for eligible micro, small and medium enterprises. Approval completed on 18 November 2016. Environmental Assessment Category F. Project: P159515. US$50.0 (IBRD). Consultants will be required. Ministry of Treasury and Public Finance; Ministry of Production; Banco de Inversión y Comercio Exterior (BICE).
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Updated on November 4th, 2016:
(R) Access to Longer Term Finance for Micro, Small and Medium Enterprises Project
The Project Development Objectives (PDO) are to improve access and strengthen the framework for the provision of longer term finance for eligible micro, small and medium enterprises. Negotiations authorized on 19 September 2016. Environmental Assessment Category F. Project: P159515. US$50.0 (IBRD). Consultants will be required. Ministry of Treasury and Public Finance; Ministry of Production; Banco de Inversión y Comercio Exterior (BICE).
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Updated on July 4th, 2016:
The Project Development Objectives (PDO) are to improve access to longer term finance for micro, small and medium enterprises, and to support the authorities in improving the enabling environment for access to finance. Concept completed on 3 June 2016. Environmental Assessment Category F. Project: P159515. US$50.0 (IBRD). Consultants will be required. Ministry of Economy and Public Finance; Ministry of Production; Banco de Inversión y Comercio Exterior (BICE).
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Updated on June 3rd, 2016:
The project’s development objective is to improve access to longer term finance for small and medium enterprises, through providing long term funding to the banking sector, enhancing the financial infrastructure, and institutional capacity of a second tier development bank. Identification completed on 6 March 2016. Environmental Assessment Category F. US$50.0 (IBRD). Consulting services to be determined. Implementing agency(ies) to be determined.

The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.