Investment, Trade and Innovation Framework Modernization Program
The general objective of the program is to modernize the normative-institutional framework of investment, trade and innovation to consolidate sustainable economic growth in Uruguay through: (i) modernization of the normative-institutional framework of investment and trade in order to promote internationalization of the country; and (ii) strengthening incentives to invest in innovation to improve the development of local capacities to optimize their impact on the national economy.
Components: (i) Macroeconomic framework; (ii) Modernization of the regulatory and institutional framework for investment and trade; and (iii) Modernization of incentives for productive innovation.
This operation is the first of two consecutive, technically linked to each other, but independently financed under the Programmatic Policy Support Loan (PBP) modality with deferred withdrawal option.

Project Detail

Country

Uruguay

Project Number

UR-L1140

Approval Date

December 6, 2017

Project Status

Closed

Project Type

Loan Operation

Sector

TRADE

Subsector

EXPORT AND INVESTMENT PROMOTION

Lending Instrument

-

Lending Instrument Code

-

Modality

DDP (Deferred Drawdown Option PBP)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 250,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 250,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4430/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 4430/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility