The program's general objective is to modernize the regulatory and institutional framework for investment, trade, and innovation with a view to consolidating sustainable economic growth in Uruguay. Its specific objectives are to: (i) increase investment and international trade by modernizing the regulatory and institutional framework for investment and trade; and (ii) strengthen incentives for investment in innovation. This is the second in a series of two consecutive loan operations that are technically linked but financed independently under the programmatic policy-based loan modality with a deferred drawdown option.
Project Detail
Country
Uruguay
Project Number
UR-L1156
Approval Date
September 11, 2019
Project Status
Closed
Project Type
Loan Operation
Sector
TRADE
Subsector
EXPORT AND INVESTMENT PROMOTION
Lending Instrument
Policy-Based Loan
Lending Instrument Code
PBL
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