Catalog

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p. 28 of 39 BACK | NEXT The Record Chairman’s Message Board of Directors' Report New and Revised Policies and Procedures Internal Initiatives Governing Structure Financing Operations Financial Resources Funding Overview of Operations Loans Equity Operations Cofinancing and Guarantee Operations Grants Technical Assistance Multitranche Financing Facilities Resource Transfers Private Sector Operations 2005 in Figures Management Board of Directors Operations in 2005 East and Central Asia Mekong The Pacific South Asia Southeast Asia

Financing Operations in 2005

Multitranche Financing Facilities

Under a new financing modality, two multitranche financing facilities were approved, totaling $1.52 billion.3 These were $770.0 million to Pakistan for the National Highway Development Sector Investment Program, and $750.0 million to India for the Rural Roads Sector II Investment Program. It is expected that loans from these facilities will be approved starting in 2006.

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