WASHINGTON, May 14, 2020 - The World Bank’s Board of Executive Directors today approved the following project:
COVID-19 CRISIS EMERGENCY SOCIAL SAFETY NETS PROJECT (P173984)
- IBRD Loan: US $200 million
- Terms: Maturity = 24 years, Grace = 14 years
- Project ID: 173984
- IDA Credit: US $21 million
- Terms: Maturity = 21 years, Grace = 18 years
- Project ID: 173984
- IBRD Credit: US $33.3 million
- Terms: Maturity = 30 years, Grace = 5 years
- Project ID: 173984
Project Description: The objective of the Project is to provide temporary economic support to poor and vulnerable households impacted by the COVID-19 pandemic and seeks to reduce the economic consequences of the health emergency and support the ability of households to implement social distancing to avoid further loss of life and human capital.
Project Details: https://projects.worldbank.org/en/projects-operations/project-detail/P173984
