The general objective of the program is to support the government's efforts and actions to contain the health crisis derived from COVID-19. The specific objectives are: (i) to reduce the fiscal deficit to achieve the sustainability of the public debt; and (ii) maintain a competitive and transparent economy.

Project Detail

Country

El Salvador

Project Number

ES-L1142

Approval Date

May 27, 2020

Project Status

Cancelled

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

Financiamiento Especial para el Desarrollo

Lending Instrument Code

SDL

Modality

SDL_S (Single Tranche SDL)

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 250,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 250,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5036/OC-ES Sovereign Guaranteed USD - United States Dollar Ordinary Capital Emergency Financing
Operation Number 5036/OC-ES
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Emergency Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48842
Loan Contract
Emergency Program for Macroeconomic and Fiscal Sustainability - ORC.pdf
Jul. 10, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48841
Loan Contract
Programa de Emergencia para la Sostenibilidad Macroeconómica y Fiscal - CO.pdf
Jul. 10, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-100293917-13
Loan Proposal
ES-L1142 - POD - EER_1 - Carta de Politica.pdf
May. 20, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-100293917-22
Loan Proposal
El Salvador. Propuesta de préstamo para el Programa de Emergencia para la Sostenibilidad Macroeconómica y Fiscal.pdf
May. 20, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-100293917-24
Loan Proposal
El Salvador. Loan proposal for the Emergency Program for Macroeconomic and Fiscal Sustainability.pdf
May. 20, 2020
English

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