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Economic Diversification and Competitiveness Promotion Program

The general objective of the programmatic series and this first operation is to promote Panama's sustainable economic growth by enhancing the country's competitiveness and advancing emerging sectors. The specific objectives are: (i) to improve the country's competitive conditions by promoting a digital environment conducive to business and strengthening the National Quality System; and (ii) to advance the development of emerging sectors that generate sources of growth for the economy. This operation is the first of two independent but technically linked operations under the programmatic policy-based loan (PBP) modality

Project Detail

Country

Panama

Project Number

PN-L1149

Approval Date

November 13, 2019

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

INTEGRATED REGIONAL/LOCAL ECONOMIC DEVELOPMENT

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBP (Programmatic Policy Base Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 200,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4899/OC-PN Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 4899/OC-PN
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-522669563-33765
Project Monitoring Report ( Public version)
PN-L1149 Second period Jan-Dec 2019-Public Report.pdf
Aug. 25, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-1660648134-54
Loan Proposal
Panama. Loan proposal for the Economic Diversification and Competitiveness Promotion Program”.pdf
Oct. 30, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-1660648134-55
Loan Proposal
Panamá. Propuesta de préstamo para el Programa de Promoción de la Competitividad y la Diversificación Económica”.pdf
Oct. 30, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-6720
Loan Contract
Programa de Promoción de la Competitividad y la Diversificación Económica.pdf
Jan. 29, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48543
Loan Contract
Proyecto de Sanidad e Innovación Agropecuaria.pdf
Nov. 25, 2019
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48544
Loan Contract
Economic Diversification and Competitiveness Promotion Program.pdf
Dec. 05, 2019
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1660648134-12
Project Profile
PN-L1149 - Perfil del Proyecto aprobado _public_.pdf
Apr. 16, 2019
English

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