El Salvador - Fiscal Sustainability and Resilience DPF with CAT DDO (WB-P509413)

Countries
  • El Salvador
Geographic location 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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Aug 1, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of El Salvador
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 21, 2026

Disclosed by Bank Apr 7, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the WB, the development objective is:(i) To strengthen fiscal sustainability through improved fiscal management tools and spending efficiency; and (ii) To enhance resilience to natural disasters and climate change.

The development objectives of Fiscal Sustainability and Resilience DPF with CAT DDO Program for El Salvador are : (i) To strengthen fiscal sustainability through improved fiscal management tools and spending efficiency; and (ii) To enhance resilience to natural disasters and climate change. The operation is closely aligned with the government's strategy for inclusive and sustainable growth. El Salvador's National Integrated Development Strategy 2023 (ENDI) aims to facilitate the effective implementation of economic and social development policies that accelerate progress toward achieving the Sustainable Development Goals by 2030. This strategy focuses on promoting an inclusive and integrated development model through 25 policy action areas organized into four pillars: (i) strengthening human capital; (ii) transforming and diversifying the production matrix; (iii) ensuring food and water security while protecting the biosphere; and (iv) fostering innovation, clean energy, and resilience. The operation is aligned with the priorities identified under the current FY23-27 CPF and the 2022 Systematic Country Diagnostic (SCD) update. This DPF reform program is consistent with the Maximizing Finance for Development (MFD) principles and is private capital enabling (PCE).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank
Fausto Andres Patino Pena
Senior Economist
Brenden Jongman
Senior Disaster Risk Management Specialist

Borrower/Client/Recipient
Republic of El Salvador

Implementing Agencies
Ministerio de Hacienda
Jerson Posada
Ministro de Hacienda
jerson.posada@mh.gob.sv

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

ACCOUNTABILITY MECHANISM OF THE 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. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

How it works

How it works