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LOANS & CREDITS June 9, 2020

Maldives: COVID-19 Emergency Income Support Project

WASHINGTON, June 9, 2020 – The World Bank Board of Executive Directors today approved financing for the following project:

Maldives: COVID-19 Emergency Income Support Project

IDA Credit: $6.40 million

IDA Grant: $6.40 million

Project ID: P174014

Terms: Maturity= 40 years; Grace period= 10 years

Project Description: The project will mitigate the economic impact of the COVID-19 crisis on workers and their families, and increase the capacity of social protection programs to respond to future emergencies. 


Contacts

In Male'
Shadiya Adam
+960 9955580
infomaldives@worldbank.org
In Colombo
Dilinika Peiris
+94 (011) 5561347
dpeiris@worldbank.org
In Washington
Elena Karaban
+1 (202) 473-9277
ekaraban@worldbank.org
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