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VE-T1086 : Medium and long term scenarios for Venezuela post-COVID-19 and the decarbonization process

Project Status: Implementation

This TC proposes to elaborate a strategy for medium and long-term growth for Venezuela after the COVID-19 pandemic, the new international environment and the changes that the country faces after the unprecedented crisis that the country has been suffering. Specifically, the TC proposes: (1) Estimate the potential medium and long-term economic growth scenarios of Venezuela given the changes in the international environment and the COVID-19 pandemic, after the implementation of stabilization and reconstruction efforts, (2) propose recommendations of the public policy frameworks that must be designed and implemented to allow the adjustment of institutions to this new reality, including the availability of suitable human capital, (3) propose productive strategies for the consolidation of nascent sectors and the flourishing of new sectors that allow to inject dynamism into the economy in the medium and long term, after the reconstruction process is underway and (4) propose a strategy to achieve the availability of suitable human capital.

Project Detail

Project Number
VE-T1086
Approval date
August 10, 2022
Project Country
Venezuela
Project Sector
OTHER
Project Subsector
OTHER
Project Type
Technical Cooperation
Project Lending Type
SG
Project Modality
Project Facility Type
Project Status
Implementation
Operation Number
ATN/OC-19428-VE

Financial Information

Project Number
VE-T1086
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/03/2023

Roles & Responsibilities

Contract signature date
Aug/10/2022
Operation Number
ATN/OC-19429-VE

Financial Information

Project Number
VE-T1086
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/03/2023

Roles & Responsibilities

Contract signature date
Aug/10/2022
Operation Number
ATN/OC-19430-VE

Financial Information

Project Number
VE-T1086
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/03/2023

Roles & Responsibilities

Contract signature date
Aug/10/2022
Operation Number
ATN/OC-19426-VE

Financial Information

Project Number
VE-T1086
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/03/2023

Roles & Responsibilities

Contract signature date
Aug/10/2022
Operation Number
ATN/OC-19427-VE

Financial Information

Project Number
VE-T1086
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/03/2023

Roles & Responsibilities

Contract signature date
Aug/10/2022

Project Information

Total Cost
USD 720,000
Country counterpart financing
USD 0
Amount
USD 720,000

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