| Financier | Commitments |
|---|---|
| IDA Grant | 21.60 |
Additional Financing for COVID-19 Emergency Income Support Project
Abstract*
The proposed project would have three components and aim to achieve its PDO by (a) providing emergency cash transfers to individuals who have lost their jobs or income sources as a result of the COVID-19 crisis; (b) reinforcing the social protection policy framework by developing a new contributory unemployment insurance scheme, harmonizing social assistance programs, and improving pension schemes; and (c) enhancing social assistance policy and delivery... Show More
Development Objective
The Project Development Objective (PDO) is to mitigate the economic impact of the COVID-19 crisis on workers and their families, and to increase the capacity of social protection programs to respond to future emergencies.
Key Details
Project Details
P175542
Closed
Thomas Walker
Republic of Maldives
December 11, 2020
(as of board presentation)
January 25, 2021
N/A
US$ 21.60 million
Ministry of Economic Development
2021
US$ 21.60 million
N/A
July 20, 2023
December 31, 2023
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 21.60 |
| IBRD + IDA Commitment | 21.60 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 21.60 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Results Framework
No data available.