Project Name：Credit to Finance Public Sector Operations

Project status：Completed projects

Cooperating Country：Central America

Project Description：

The framework was part of the "Emergency Support and Preparedness Program for COVID-19 and Economic Reactivation" initiated by the Central American Bank for Economic Integration (CABEI) to support its eligible member countries in responding to the COVID-19 pandemic and reactivating economies.
The resources financed eligible public sector operations, up to an amount of US$50.0 million per member country, including but not limited to:
1. Infrastructure;
2. Equipment and medicines for the prevention, detection, and treatment of COVID-19;
3. Strengthening the capacities and coverage of the health systems of the countries; and
4. Mitigation of the effects of the COVID-19 crisis on vulnerable groups in the countries.

Region：Central America

Implementation Start Date：2020-08-28

Implementation End Date：2023-08-18

Project Objectives：To support CABEI’s member countries to strengthen their health systems for the management of different phases of the COVID-19 pandemic, and mitigate the socio-economic impacts of the crisis on vulnerable groups.

Executing Agency：Central American Bank for Economic Integration (CABEI)

Implementation Arrangement：

The TaiwanICDF entered into a loan contract with CABEI. CABEI used the loan proceeds with its own funds to lend to the governments or public sector institutions of eligible member countries.

Signing Date：2020-08-28