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ES-L1142 : Emergency Program for Macroeconomic and Fiscal Sustainability

Project Status: Cancelled

The general objective of the program is to support the government's efforts and actions to contain the health crisis derived from COVID-19. The specific objectives are: (i) to reduce the fiscal deficit to achieve the sustainability of the public debt; and (ii) maintain a competitive and transparent economy.

Project Detail

Project Number
ES-L1142
Approval date
May 27, 2020
Project Country
El Salvador
Project Sector
REFORM / MODERNIZATION OF THE STATE
Project Subsector
FISCAL POLICY FOR SUSTAINABILITY AND GROWTH
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
SDL_S (Single Tranche SDL)
Project Facility Type
Environmental and social impact category
B13
Project Status
Cancelled
Operation Number
5036/OC-ES

Financial Information

Project Number
ES-L1142
Project Status
Cancelled

IDB Financing

Financing type
EME
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Mar/16/2023

Roles & Responsibilities

Contract signature date
Jul/21/2020

Project Information

Total Cost
USD 250,000,000
Country counterpart financing
USD 0
Amount
USD 250,000,000