Kazan Municipal Development Project

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The Kazan Municipal Development Loan for the Russian Federation aims to address a number of areas that are priority for ensuring sustainable development of the city of Kazan. In 2003 the city approved a comprehensive Kazan Development Strategy Up to the Year 2015 that outlined development prospects for the city. Building upon the strategy and the recent conferral of the municipal status on Kazan, the proposed loan will support the program of reforms to improve the city's (i) budget and financial management; (ii) social protection system; (iii) housing and communal services sectors. The loan aims at: (i) improving the overall fiscal situation in the City; (ii) improving municipal budget and asset management; (iii) providing more efficient delivery of housing, utility and social services to the population, through better targeting, enhanced transparency and accountability.