WASHINGTON, June 30, 2020 – The World Bank Board of Executive Directors today approved financing for the following program:
Micro, Small, and Medium Enterprises (MSMEs) Emergency Response
IBRD loan: $750 million
Terms: Maturity= 19 years; Grace period= 5 years
Project ID: P174292
Project Description: The program will support increased flow of finance into the hands of micro, small, and medium enterprises (MSMEs), severely impacted by the COVID-19 crisis.