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Costa Rica receives US$300 million from the World Bank to support post pandemic recovery Format WASHINGTON, June 29, 2021. The World Bank Board of Executive Directors approved today a US$300 million loan in support of Costa Rica’s Government efforts to protect people’s income and jobs from the impact of COVID-19, strengthen small and medium enterprises (SMEs), reinforce fiscal sustainability, and lay out foundations for a strong post pandemic recovery based on green and low-carbon development. “This operation is part of a solid and long-lasting relationship with the World Bank,” said Elian Villegas, Costa Rica’s Finance Minister. “It supports our efforts to respond to the different waves of the pandemic, while continuing to set the conditions for a strong and sustainable recovery through economic, fiscal, and climate-action reforms.”

United statesWorld bankDistrict of columbiaCosta ricaDominican republicCynthia flores moraAnne davisElian villegasWorld bank countryWorld bank groupWorld bank board of executive directorsInternational bankDecarbonization management development policy loanWorld bank boardExecutive directorsFinance minister