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Honduras - Social Protection - Additional Financing

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Washington DC, August 8, 2013—The World Bank's Board of Executive Directors today approved the following project.

IDA Credit: US$12.3 million equivalent

Terms: Maturity = 25 years, Grace = 5 years

Project ID: P144928

Project Description: The proposed additional financing would support Bono 10,000 Program's expansion into rural areas as well as strengthen its regional management. It will also integrate an Immediate Response Mechanism (IRM) component to allow the country to access undisbursed and uncommitted funds in the event of a national emergency.