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LOANS & CREDITS June 26, 2020

First Fiscal and Decarbonization Management Development Policy Loan

WASHINGTON, June 26, 2020

The World Bank today approved the following project for Costa Rica:

First Fiscal and Decarbonization Management Development Policy Loan

IBRD Loan: $300 million

Terms: Maturity = 34.5 years, Grace = 5 years

Project ID: P171912

Project Description: The objective of the policy loan is to support Costa Rica's program to protect people’s income and jobs from the impact of COVID-19 and foster small and medium enterprise recovery; reinforce fiscal sustainability in the aftermath of this pandemic; and lay out the foundations for a strong post recovery by promoting green growth and low-carbon development.

For more information, please visit here.

 


Contacts

Cynthia Flores Mora
+506 2549-5800
cfloresmora@worldbank.org
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