COVID-19 Crisis Emergency Social Safety Nets Project (WB-P173984)

Countries
  • Bolivia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 14, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Bolivia
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 254.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 54.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS May 8, 2020

Disclosed by Bank Apr 29, 2020


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Project Description

The objective of the Project is to provide temporary economic support to poor and vulnerable households impacted by the COVID-19 pandemic

Project components are: 

1. Temporary cash transfers to vulnerable households
2. Support the transitory expansion of the safety net to informal workers
3. Support the payment system of cash transfers during the COVID-19 emergency and the implementing arrangements of the project

The World Bank has classified this project as having Moderate environmental and social risks.

Investment Description
  • World Bank (WB)
Contact Information

Borrower

Ministry of Development Planning
Tatiana Rocabado
Directora Financiamientos Internacionales tatiana.rocabado@vipfe.gob.bo

Implementing Agency

Ministry of Economy and Public Finance Oscar Navarro
Director
oscarn@hotmail.com

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: https://www.inspectionpanel.org.