World Bank approved The Second Development Loan (DPL2) to Romania |
Autor: Bancherul.ro
2011-01-21 10:09 |
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The World Bank’s Board of Executive Directors today approved The Second Development Loan (DPL2) to Romania for that country’s Public Financial Management, Social Protection, and Financial Sector Strengthening.
The Program aims to support the Government of Romania’s structural reforms in three key areas: a) improving fiscal sustainability and management of public finances, including at sectoral level in health and education; b) enhancing social protection systems to address the immediate needs of the poor and vulnerable while ensuring more sustainable social protection over the longer-term; and c) strengthening contingency planning in, and the resilience of, the financial sector.
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