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LOANS & CREDITS May 28, 2020

Philippines - Emergency COVID-19 Response Development Policy Loan

IBRD Loan: US$500.0 million equivalent

Terms: Maturity = 29 years, Grace = 10.5 years

Project ID: P174120

Project Description: The program development objectives are to (i) mitigate the impact of COVID-19 on the poor and vulnerable households and (ii) provide financial relief to affected small and medium enterprises (SMEs).


Marilene B. Montemayor
+1 (202) 473-4709