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Summaries of Operations Approved During Fiscal 2006, Latin America and the Caribbean

        Principal amount
(millions)
Country/project nameNetworkaDate of
approval
MaturitiesSDRbUS$
           
Argentina
           
IBRD Basic Municipal Services Specific Investment Loan will improve the provision of water supply and sanitation, urban drainage, and roads infrastructure in an equitable and fiscally sustainable manner. Total cost: $143.2 millionINF06/06/062011/2020n.a.110.0
           
• IBRD Urban Flood Prevention and Drainage Adaptable Program Loan seeks to reduce Argentina’s vulnerability to flooding by a mix of physical, institutional, and financial measures. Total cost: $92 millionINF06/06/062011/2021n.a.70.0
           
• IBRD Heads of Household Transition Specific Investment Loan will improve employment prospects and job placement for participants in the Heads of Household program. Total cost: $2,233.2 millionHDN03/23/062010/2019n.a.350.0
           
• IBRD National Urban Solid Waste Management Sector Investment Loan will improve public health and quality of life by developing sustainable systems for urban solid waste management. Total cost: $54.4 millionESSD02/28/062012/2016n.a.40.0
           
IBRD Subnational Government Public Sector Modernization Specific Investment Loan will strengthen the subnational governments’ capacity to manage their resources more effectively. Total cost: $55 millionPREM12/15/052011/2020n.a.40.0
           
• IBRD Rural Education Improvement Specific Investment Loan will support rural education by providing teacher training, materials and equipment, and upgrades to physical facilities. Total cost: $240.6 millionHDN12/15/052011/2020n.a.150.0
           
• IBRD Institutional Strengthening of the National Social Security Administration Technical Assistance Loan will enhance service delivery by the National Social Security Administration. Total cost: $37.5 millionPREM07/05/052011/2020n.a.25.0
           
Brazil
           
IBRD Road Transport Sector Investment and Maintenance Loan aims to stimulate higher economic growth by increasing effective use of Brazil’s federal road infrastructure. Total cost: $1,400 millionINF06/06/062011/2022n.a.501.3
           
IBRD Second Programmatic Loan for Sustainable and Equitable Growth will reduce logistics costs, improve the investment climate, deepen financial intermediation, and improve technology absorption and innovation. Total cost: $601.5 millionPSD06/06/062011/2022n.a.601.5
           
• IBRD Ceará Rural Poverty Reduction Specific Investment Loan aims to help the state reduce current high levels of rural poverty. Total cost: $50 millionESSD06/06/062011/2023n.a.37.5
           
• IBRD Minas Gerais Partnership for Development Policy Loan will support the state government’s reforms to pursue fiscal balance, public sector effectiveness, and private sector development. Total cost: $170 millionPREM04/11/062009/2024n.a.170.0
           
• IBRD Bahia Poor Urban Areas Integrated Development Specific Investment Loan will upgrade informal settlements and improve access to social programs in the state of Bahia. Total cost: $82.2 millionINF12/06/052011/2022n.a.49.3
           
IBRD Housing Sector Technical Assistance Loan will increase the access of the poor to affordable shelter solutions by supporting the government's housing reform program. Total cost: $4 millionINF11/10/052011/2022n.a.4.0
           
• IBRD Environmental Sustainability Agenda Technical Assistance Loan will support a more effective and responsive environmental management system. Total cost: $8.6 millionESSD09/15/052011/2022n.a.8.0
           
• IBRD Minas Gerais Rural Poverty Reduction Specific Investment Loan will support the use of community-driven development techniques to reduce rural poverty in Minas Gerais. Total cost: $46.8 millionESSD09/06/052010/2022n.a.35.0
           
• IBRD Bahia State Integrated Rural Poverty Specific Investment Loan will use community-driven development techniques to increase social and economic opportunities for the poor. Total cost: $75 millionESSD09/01/052010/2022n.a.54.4
• IBRD Brasília Environmentally Sustainable Specific Investment Loan will promote the equitable and sustainable use of scarce natural resources, especially water, in the Brasília metropolitan region. Total cost: $115.3 millionESSD08/25/052010/2022n.a.57.6
           
IBRD Human Development Technical Assistance Loan will develop institutional capacity to monitor the progress and impact of the country's social policies. Total cost: $13 millionHDN07/28/052011/2022n.a.8.0
           
• IBRD Ceará Multi-Sector Social Inclusion Development Adaptable Program Loan will help the state of Ceará achieve fiscal sustainability, poverty alleviation, and state modernization. Total cost: $875.8 millionPREM07/12/052010/2020n.a.149.8
           
Chile
           
• IBRD Santiago Urban Transport Programmatic Development Policy Loan will improve the quality and efficiency of Santiago’s urban transport system. Total cost: $30.2 millionINF07/05/052010/2020n.a.30.2
           
• IBRD Santiago Urban Transport Technical Assistance Loan will complement the Santiago Urban Transport Programmatic Development Policy Loan by providing technical assistance to local authorities. Total cost: $6 millionINF07/05/052010/2020n.a.4.8
           
IBRD Tertiary Education Finance for Results Adaptable Program Loan will increase the effectiveness of public funding for Chile’s tertiary education system. Total cost: $92.1 millionHDN07/05/052009/2023n.a.25.1
           
Colombia
           
IBRD Bogota Disaster Vulnerability Reduction Adaptable Program Loan will strengthen the capacity of Bogota to manage disaster risks and reduce vulnerability in key sectors. Total cost: $145 millionINF03/03/062011/2022n.a.80.0
           
• IBRD Social Safety Net Specific Investment Loan will improve monitoring and evaluation of the country’s emergency social safety net portfolio and expand its reach. Total cost: $92.7 millionHDN11/01/052014/2019n.a.86.4
           
• IBRD Sustainable Development Investment Specific Investment Loan will help alleviate the effects of environmental degradation on the most vulnerable segments of the population. Total cost: $8 millionESSD10/27/052016/2017n.a.7.0
           
IBRD First Business Productivity and Efficiency Development Policy Loan will improve the regulatory framework for business and foster improvements in the financial sector. Total cost: $250 millionFSE10/27/052011/2022n.a.250.0
           
Costa Rica
           
• IBRD Mainstreaming Market-Based Instruments for Environmental Management Specific Investment Loan will enhance the provision of environmental services and secure their long-term sustainability through a scaled-up payment for environmental services system. Total cost: $90.3 millionESSD06/08/062011/2021n.a.30.0
           
Dominican Republic
           
IBRD Youth Development Specific Investment Loan seeks to improve the employability of at-risk youth from poor families. Total cost: $33.8 millionHDN03/23/062011/2022n.a.25.0
           
Ecuador
           
• IBRD Support to Reform of the Human Development Bond Adaptable Program Loan aims to strengthen the existing Human Development Bond cash transfer program, which protects poor families and fosters investment in human capital. Total cost: $60 millionHDN06/01/062010/2024n.a.60.0
           
• IBRD Health Insurance Strategy for the Poor Support Adaptable Program Loan will support the implementation of a health insurance program for the poor. Total cost: $90 millionHDN02/16/062011/2022n.a.90.0
           
El Salvador
           
• IBRD Second Broad-Based Growth Development Policy Loan will support the government’s strategy for promoting equitable economic growth by increasing trade and investment, reinforcing macroeconomic stability, and improving public sector management. Total cost: $100 millionPREM12/13/052008/2025n.a.100.0
           
• IBRD Excellence and Innovation in Secondary Education (Exito) Specific Investment Loan will support equitable access to secondary education in El Salvador. Total cost: $97 millionHDN11/29/052012/2021n.a.85.0
           
• IBRD Social Protection Specific Investment Loan will improve the education, health, and nutrition of children living in rural areas by supporting the expansion of the Red Solidaria program. Total cost: $160.6 millionHDN10/27/052012/2021n.a.21.0
           
Grenada
           
• IDA Grenada Public Sector Modernization Technical Assistance Credit will contribute to the modernization of the country’s public sector and enhance service delivery. Total cost: $3.5 millionPREM12/15/052016/20402.53.5
           
Guatemala
           
• IBRD Project to Support the Rural Economic Development Program Specific Investment Loan seeks to increase the incomes of the rural population while decreasing inequality in rural communities. Total cost: $60 million  ESSD03/29/062011/2022n.a.30.0
           
• IBRD Maternal-Infant Health and Nutrition Specific Investment Loan will improve maternal and infant health, especially among the indigenous population. Total cost: $49 millionHDN01/19/062011/2022n.a.49.0
           
IBRD First Broad-Based Growth Development Policy Loan will help promote growth by enhancing the government’s capacity for priority spending and improving the investment climate. Total cost: $100 millionPREM07/07/052007/2025n.a.100.0
           
Guyana
           
• IDA Poverty Reduction and Public Management Operation Grant seeks to improve transparency, accountability, and efficiency with which resources are used across the public sector. Total cost: $9.6 millionPREM04/27/06n.a.6.79.6
           
• IDA Water Sector Consolidation Specific Investment Grant will help people in coastal communities access safe water by investing in water supply infrastructure. Total cost: $12.4 millionINF07/28/05n.a.7.511.3
           
Haiti
           
• IDA Second Economic Governance Technical Assistance Grant seeks to strengthen the management of public sector resources. Total cost: $2 millionPREM06/20/06n.a.1.42.0
           
• IDA Transport and Territorial Development Grant will promote income-generating opportunities for small farmers by lowering the cost of moving goods from producer to consumer. Total cost: $16 millionINF04/11/06n.a.11.216.0
           
• IDA Community-Driven Development Grant will increase the direct transfer of public resources to local community organizations in poor rural and peri-urban communities. Total cost: $40.3 millionESSD07/28/05n.a.25.638.0
           
Honduras
           
• IDA Judicial Branch Modernization Technical Assistance Credit will improve the Judicial Branch’s performance with respect to efficiency, transparency, and access. Total cost: $17.3 millionPREM07/07/052015/202510.015.0
           
• IDA Nutrition and Social Protection Specific Investment Credit will improve the social safety net for children and youth, focusing especially on nutrition and basic health. Total cost: $23.3 millionHDN07/07/052015/202513.320.0
           
• IDA Rural Infrastructure Specific Investment Credit will provide rural communities with access to improved infrastructure services on a sustainable basis. Total cost: $57.3 millionINF07/07/052015/202532.047.0
           
• IDA Barrio Ciudad Specific Investment Credit will reduce urban poverty by building capacity in the municipal governments and improving their access to credit. Total cost: $16.5 millionINF07/07/052015/202510.015.0
           
Jamaica
           
• IBRD Inner City Basic Services for the Poor Specific Investment Loan will improve infrastructure, public safety, and access to services in 12 inner-city communities. Total cost: $32.8 millionINF03/29/062011/2023n.a.29.3
           
Mexico
           
• IBRD Environmental Services Specific Investment Loan seeks to improve the provision of environmental services by promoting payment for environmental services programs. Total cost: $156.6 million  ESD03/29/062010/2020n.a.45.0
           
• IBRD First Programmatic Competitiveness Development Policy Loan seeks to enhance competitiveness and support faster growth. Total cost: $300.8 millionPSDN03/14/062011/2021n.a.300.8
           
• IBRD First Programmatic Finance and Growth Development Policy Loan will support policy and institutional reforms to strengthen the financial system and reduce the risk of future financial crises. Total cost: $501.3 millionFSE03/02/062011/2021n.a.501.3
           
IBRD Tertiary Education Student Adaptable Program Loan will foster sustainable and equitable expansion of tertiary education through student assistance. Total cost: $300 millionHDN12/13/052009/2020n.a.180.0
• IBRD School Based Management Program Adaptable Program Loan will improve public school management by strengthening and expanding the government's Quality Schools Program. Total cost: $346.2 millionHDN12/13/052011/2020n.a.240.0
           
• IBRD Second Affordable Housing and Urban Poverty Reduction Development Policy Loan will support a national slum upgrading program, as well as contribute to affordable housing and land development for low- and moderate-income families. Total cost: $200.5 millionINF11/29/052011/2021n.a.200.5
           
• IBRD Second Programmatic Environment Development Policy Loan will incorporate environmental concerns into the development agenda of key sectors and improve local environmental management. Total cost: $200.5 millionESSD09/06/052010/2020n.a.200.5
           
• IBRD Modernization of the Water and Sanitation Sector Technical Assistance Loan will strengthen federal and state water sector policies and develop replicable models of successful and sustainable water and sanitation services. Total cost: $55.2 millionINF08/04/052010/2020n.a.25.0
           
• IBRD Access to Land for Young Farmers Pilot Specific Investment Loan will support landless young rural entrepreneurs with training and technical assistance. Total cost: $130.2 millionESSD07/26/052010/2020n.a.100.0
           
Nicaragua
           
• IDA Fourth Roads Rehabilitation and Maintenance Specific Investment Credit seeks to support economic growth and poverty reduction by relieving transportation bottlenecks. Total cost: $69.9 millionINF06/08/062016/204641.160.0
           
IDA Rural Telecommunications Specific Investment Credit aims to increase access to and reduce costs of telecommunications services in rural areas. Total cost: $10.2 millionINF04/27/062016/20464.97.0
           
• IDA Second Agricultural Technology Specific Investment Loan will provide rural households and communities with access to sustainable natural resource management services and innovations. Total cost: $29 millionESSD11/29/052016/20458.312.0
           
Paraguay
           
• IBRD Mother and Child Basic Health Insurance Specific Investment Loan will support the country’s strategy for the reduction of maternal and infant mortality rates. Total cost: $25 millionHDN10/20/052010/2028n.a.22.0
           
Peru
           
• IBRD Real Property Rights Consolidation Specific Investment Loan will establish a modern property rights system that will stimulate tenure security and private investment. Total cost: $41.7 millionPREM03/14/062017/2017n.a.25.0
           
• IBRD Rural Electrification Specific Investment Loan seeks to increase access to efficient and sustainable electricity services in rural areas. Total cost: $144.6 millionINF03/07/062016/2017n.a.50.0
           
• IBRD Third Programmatic Decentralization and Competitiveness Development Policy Loan will assist the government in the decentralization of public functions and resources while supporting its competitive enhancement program. Total cost: $150 millionPREM12/08/052016/2017n.a.150.0
           
IBRD Regional Transport Decentralization Specific Investment Loan will improve regional transport infrastructure and strengthen its management in the context of the country’s decentralization process. Total cost: $200 millionINF07/12/052013/2019n.a.50.0
           
Total      174.55910.5
           
Note: Numbers may not add to totals because of rounding. • denotes projects with actual involvement of civil society organizations in identification, preparation, and appraisal, and with intended civil society participation in implementation, monitoring, and evaluation; n.a. = not applicable; c = IDA credit; g = IDA grant.
a. ESSD = Environmentally and Socially Sustainable Development; FSE = Financial Sector; HDN = Human Development; INF = Infrastructure; PREM = Poverty Reduction and Economic Management; PSDN = Private Sector Development.
b. IDA funds are denominated in Special Drawing Rights (SDRs), which are valued on the basis of a “basket” of currencies. The U.S. dollar equivalent of the SDR amount reflects the exchange rates in effect at the time of the negotiations of the credit or grant.
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