EC-L1255 : Emergency Program for Macroeconomic Sustainability and Prosperity
Project Status: Closed
The objective of the program is to support government actions to: (i) reestablish macroeconomic stability; (ii) restore fiscal sustainability; (iii) strengthen the institutional framework for the Central Bank; and(iv) safeguard social expenditure in support of the vulnerable population. The structure and content of the program are aligned with the recently approved Extended Fund Facility (EFF) arrangement with the IMF.The program is structured under the Special Development Lending (SDL) modality with the sole operation to be disbursed ina single tranche.
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