World Bank releases $340 mn for Amaravati, $150 mn more likely in April

The World Bank has released USD 340 million so far for the Amaravati Capital Phase-I development, a top official from the international financial institution has said. Andhra Pradesh is likely to get another USD 150 million by the end of April, a senior state government official said. "In April, we are getting another USD 130-150 million from both the entities (WB and ADB)." The rate of interest would be about 8 to 8.5 per cent and will keep fluctuating depending upon the international rates, the official said. The World Bank, along with the Asian Development Bank have committed USD 1,600 million (USD 800 each) for the Amaravati Capital Phase-I development. Besides the WB and ADB, the Centre will be funding Rs 1,400 crore, out of the Rs 15,000 crore committed by it. "In terms of disbursements, the World Bank has issued USD 340 million as of April 2026. The AIUDP (Amaravati Integrated Urban Development Programme) is being implemented under the Program for Results framework, under wh

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