June 28, 2022 |
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
US-based multilateral lending provides $250 mln for healthcare, education and social services after the COVID-19 pandemic