Global Credit Program for Promoting the Sustainability and Economic Recovery of Panama

The general objective of the program is to support the sustainability of micro, small, andmedium-sized enterprises (MSMEs) amid the crisis caused by the COVID-19 pandemic, as a mainstay of employment inPanama. The specific objective is to promote the economic recovery of MSMEs affected by the crisis by facilitatingaccess to production-oriented finance

Project Detail

Country

Panama

Project Number

PN-L1165

Approval Date

April 14, 2021

Project Status

Implementation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 150,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 150,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
5251/OC-PN	Sovereign Guaranteed	USD - United States Dollar	May. 2, 2024	May. 21, 2021	Ordinary Capital	Flexible Financing Facility

Operation Number

5251/OC-PN

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: May. 2, 2024
Signed Date: May. 21, 2021
Fund: Ordinary Capital
Financial Instrument: Flexible Financing Facility

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-44354

Project Monitoring Report ( Public version)

PN-L1165 First period Jan-Jun 2023 - Public Report.PDF

Jan. 29, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000434-843195418-11

Annual Project Audited Financial Statement

Informe Estados Financieros Auditados al 31 de diciembre 2022.pdf

Sep. 07, 2023

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-43946

Project Monitoring Report ( Public version)

PN-L1165 Second period Jan-Dec 2022 - Public Report.PDF

Jul. 21, 2023

English

https://www.iadb.org/document.cfm?id=EZSHARE-522669563-42444

Project Monitoring Report ( Public version)

PN-L1165 First period Jan-Jun 2022 - Public Report.PDF

Feb. 07, 2023

English

https://www.iadb.org/document.cfm?id=EZSHARE-522669563-41228

Project Monitoring Report ( Public version)

PN-L1165 Second period Jan-Dec 2021 - Public Report.PDF

Aug. 15, 2022

English

https://www.iadb.org/document.cfm?id=EZSHARE-522669563-35700

Project Monitoring Report ( Public version)

PN-L1165 First period Jan-Jun 2021 - Public Report.pdf

Feb. 22, 2022

English

https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8616

Loan Contract

Contrato - Programa Global de Crédito para Promover la Sostenibilidad y Recuperación Económica de Panamá.pdf

Aug. 19, 2021

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49109

Loan Contract

Programa Global de Crédito para Promover la Sostenibilidad y Recuperación Económica de Panamá.pdf

May. 10, 2021

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49110

Loan Contract

Global Credit Program for Promoting the Sustainability and Economic Recovery of Panama.pdf

May. 10, 2021

English

https://www.iadb.org/document.cfm?id=EZSHARE-317299130-28

Loan Proposal

Panama. PN-L1165 Loan proposal for the _Global Credit Program for Promoting the Sustainability and Economic Recovery of Panama”.pdf

Apr. 05, 2021

English

https://www.iadb.org/document.cfm?id=EZSHARE-317299130-29

Loan Proposal

Panamá. PN-L1165 Propuesta de préstamo para el _Programa Global de Crédito para Promover la Sostenibilidad y Recuperación Económica de Pa.pdf

Apr. 05, 2021

Spanish