The World Bank Board of Directors today approved a US$5 million grant from the International Development Association (IDA*) to support the Comoros Government's efforts to shore up the commercial management and financial performance of a state-owned power utility, reduce power costs and improve the reliability of electricity delivered to residents on the islands of Grande Comore and Moheli.
Today's funding supports Comoros' Electricity Sector Recovery Project, a priority in the Government's energy sector strategy.
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