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CH-L1149 : Program to Support Social Equity and Fiscal Sustainability

Project Status: Closed

The general objective of the program will be to improve social equity with fiscal sustainability in Chile. The specific objectives are: (a) to improve the incomes of the most vulnerable people; (b) improve the sufficiency of solidarity pension systems of Law No. 20,255 and contributory pensions of Decree Law No. 3,500; (c) improve the availability of lower-cost medications; and (d) improve the efficiency of public spending and the quality of the budget formulation process.

Project Detail

Project Number
CH-L1149
Project Country
Chile
Project Sector
SOCIAL INVESTMENT
Project Subsector
PENSIONS & SOCIAL SECURITY
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Closed
Operation Number
5059/OC-CH

Financial Information

Project Number
CH-L1149
Project Status
Closed

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/24/2022

Roles & Responsibilities

Contract signature date
Aug/21/2020

Project Information

Total Cost
USD 300,000,000
Country counterpart financing
USD 0
Amount
USD 300,000,000

Preparation

Title
Type
Project Number
Date Published
Project Profile
CH-L1149
March 17, 2020

Implementation

Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
CH-L1149
March 09, 2021