The overall objective of CCLIP is to mitigate the negative effects caused by structural adjustments—such as the withdrawal of energy subsidies—on the poorest households in the country, and to improve the coverage and efficiency of monetary transfers in Bolivia through the payment of targeted cash transfers and the creation of a social registry (SR) that enables the efficient management of State resources aimed at alleviating poverty and fostering human capital in the poorest households. The specific objectives are: (i) to alleviate the negative effects caused by the withdrawal of energy subsidies through a transfer program; (ii) to ensure the financing of existing programs for the country's most vulnerable populations; and (iii) to develop institutional capacity for the implementation of social policy through the creation of a household SR.
Project Detail
Country
Bolivia
Project Number
BO-O0014
Approval Date
-
Project Status
Preparation
Project Type
Container
Sector
SOCIAL INVESTMENT
Subsector
SOCIAL INVESTMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
Credit Line
Facility Type
Conditional Credit Line Investment Project - Sectorial (CCLIP-SEC)
Environmental and Social Impact Category (ESIC)
-
Total Cost
-
Country Counterpart Financing
-
Original Amount Approved
USD 750,000,000.00