IBRD Loan: US$100 million
Terms: Maturity = 30 years; Grace Period = 5 years
Project ID: P118036
Project Description: The Sustaining Social Gains for Economic Recovery Program Development Policy Loan for El Salvador aims to assist the Government of El Salvador in undertaking immediate measures in the anti-crisis plan to protect the poor, while supporting the process of economic recovery through the design of new initiatives and institutional strengthening in the social sectors. Apart from providing a part of the financing for the anti-crisis plan, the DPL will also enable the Bank to provide technical assistance in the area of institutional strengthening and policy development to a new Government with limited experience in the executive branch.