IBRD Loan: EURO$100 million
Terms: Maturity = 10 years; Grace = 5 years
Project ID: P121796
Project Description: The Safety Net and Social Sector Reform Program for Latvia aims to support the Government of Latvia in protecting vulnerable groups with emergency safety net support during the economic contraction, to mitigate the social costs of fiscal consolidation, and to ensure that structural reforms lay a foundation for sustainable improvements in the social sectors.