World Bank grants recovery loan to Panama

World Bank grants recovery loan to Panama

International Financial Institutions World Bank Loans Economy & Policy ESG Panama Central America

The World bank said it has approved a $250 million loan for the Panamanian government to fund programs in healthcare, education and social services after the COVID-19 pandemic. The 20-year loan with a two-year grace period will come from the International Bank for Reconstruction and Development (IBRD), the World Bank said in a press release on Friday. "This project will help steer the economy to build back better through critical policy and institutional reforms to benefit the most vulnerable, i

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