IBRD Loan: US$ 450.0 million equivalent
Terms: Maturity = 25 years, Grace = 10 years
Project ID: P153744
Project Description: The project will support the continued implementation of the Pantawid Pamilya, the Philippines’ conditional cash transfer (CCT) program, by contributing to the government’s financing of health and education grants for CCT beneficiaries nationwide from 2016 to 2019. It is expected to cover about seven percent of the total cost of CCT implementation.