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Program for Strengthening Public Policy and Fiscal Management for the Response to the Sanitary and Economic Crisis Caused by COVID-19 in Paraguay

The general objective of the program is to strengthen the efficiency and effectiveness of public policy and fiscal management to address the health and economic crisis caused by COVID-19 in Paraguay, through the design and implementation of effective and fiscally responsible policy measures. The specific objectives are: (i) to promote the availability and timely execution of public resources to address the health crisis caused by COVID-19; (ii) strengthen the countercyclical effect of fiscal policy through the temporary introduction of measures to protect the income of vulnerable households and to increase the liquidity of firms during the health and economic crisis; and (iii) promote economic and fiscal recovery in the post pandemic period.

Project Detail

Country

Paraguay

Project Number

PR-L1175

Approval Date

May 15, 2020

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBP (Programmatic Policy Base Loan)

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 210,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 210,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5028/OC-PR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
5029/KI-PR Sovereign Guaranteed USD - United States Dollar Korea Infrastructure Development Co-Fina Public Sector Trust Fund Lending
Operation Number 5028/OC-PR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility
Operation Number 5029/KI-PR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Korea Infrastructure Development Co-Fina
  • Financial Instrument: Public Sector Trust Fund Lending

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-522669563-34226
Project Monitoring Report ( Public version)
PR-L1175 First period Jan-Jun 2020 - Public Report.pdf
Mar. 09, 2021
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48771
Loan Contract
Programa de Fortalecimiento de la Política Pública y Gestión Fiscal para la Atención de la Crisis Sanitaria y Económica Causada por el COVID-19 en Paraguay - ORC.pdf
May. 27, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48772
Loan Contract
Program for Strengthening Public Policy and Fiscal Management for the Response to the Sanitary and Economic Crisis Caused by COVID-19 in Paraguay - KIF.pdf
May. 27, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48773
Loan Contract
Programa de Fortalecimiento de la Política Pública y Gestión Fiscal para la Atención de la Crisis Sanitaria y Económica Causada por el COVID-19 en Paraguay - KIF.pdf
May. 27, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-185088445-14
Loan Proposal
Programa de Fortalecimiento de la Política y Gestión Fiscal para la Atención de la Crisis Sanitaria y Económica Causada por el COVID-19 en Paraguay.pdf
May. 12, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-185088445-15
Loan Proposal
Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 in Paraguay.pdf
May. 12, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48770
Loan Contract
Program for Strengthening Public Policy and Fiscal Management for the Response to the Sanitary and Economic Crisis Caused by COVID-19 in Paraguay - ORC.pdf
May. 27, 2020
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-185088445-4
Electronic Links
EER3 - Plan de Monitoreo y Evaluación PR-L1175.docx
May. 12, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-185088445-5
Electronic Links
EER4 - Referencias PR-L1175.docx
May. 12, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-185088445-6
Electronic Links
EER2 - Matriz de Medios de Verificación PR-L1175.docx
May. 12, 2020
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-185088445-7
Electronic Links
EER 1 - Carta de política PR-L1175.pdf
May. 12, 2020
Spanish

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