Investment, Trade and Innovation Framework Modernization Program II
The program's general objective is to modernize the regulatory and institutional framework for investment, trade, and innovation with a view to consolidating sustainable economic growth in Uruguay. Its specific objectives are to: (i) increase investment and international trade by modernizing the regulatory and institutional framework for investment and trade; and (ii) strengthen incentives for investment in innovation. This is the second in a series of two consecutive loan operations that are technically linked but financed independently under the programmatic policy-based loan modality with a deferred drawdown option.

Project Detail

Country

Uruguay

Project Number

UR-L1156

Approval Date

September 11, 2019

Project Status

Closed

Project Type

Loan Operation

Sector

TRADE

Subsector

EXPORT AND INVESTMENT PROMOTION

Lending Instrument

Policy-Based Loan

Lending Instrument Code

PBL

Modality

DDP (Deferred Drawdown Option PBP)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: 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
4857/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 4857/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility