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UR-L1175 : Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis Caused by COVID-19 In Uruguay II

Project Status: Implementation

The general objective of the program is to strengthen the efficiency, effectiveness, and equity of public policy and fiscal management to address the health and economic crisis caused by COVID-19, 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; (iii) support the effective and continuous provision of essential goods and services through policy and public management measures; and (iv) promote economic and fiscal recovery in the post pandemic period.

Project Detail

Project Number
UR-L1175
Approval date
December 01, 2021
Project Country
Uruguay
Project Sector
REFORM / MODERNIZATION OF THE STATE
Project Subsector
FISCAL POLICY FOR SUSTAINABILITY AND GROWTH
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
5420/OC-UR

Financial Information

Project Number
UR-L1175
Project Status
Implementation

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/27/2022

Roles & Responsibilities

Project Information

Total Cost
USD 145,000,000
Country counterpart financing
USD 0
Amount
USD 145,000,000