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The World Bank Approves US$254 Million to Mitigate the Economic Impact of Covid-19 on Bolivian Households

LA PAZ, May 14, 2020 – The World Bank Board of Directors today approved a loan and two credits (one of which is concessional) totaling US$254 million for the Plurinational State of Bolivia. This financing will be used to help the country fund temporary cash transfers to poor and vulnerable households with school-aged children, people with disabilities, elderly members and informal workers affected by the measures adopted to contain the Covid-19 pandemic.

date:  15/05/2020

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The project “Emergency Safety Nets for the Covid-19 Crisis” seeks to reduce the economic consequences of the health emergency and support the ability of households to implement social distancing to avoid further loss of life and human capital.

Full text available here: https://www.worldbank.org/en/news/press-release/2020/05/15/impacto-economico-hogares-bolivianos