Second Crisis Response and Recovery in Guatemala Development Policy Loan

The development objective of the Second Crisis Response and Recovery in Guatemala Development Policy Loan for Guatemala is to supports the government’s efforts to mitigate the impacts of Coronavirus disease 2019 (COVID-19) and: (i) protect and enhance the human capital of the poor and vulnerable; (ii) lay out foundations of a sustainable and green recovery; and (iii) promote public sector transparency and improve revenue administration. This second operation extends the World Bank’s support for Guatemala’s efforts to navigate a prolonged COVID-19 crisis and pursue a build back better approach to stimulate inclusive, sustainable, and green growth and avoid a return to the pre-pandemic status quo. This operation further contributes to the World Bank Group’s institutional strategies and to the latest country partnership framework (CPF) for Guatemala and is aligned with ongoing engagement discussions to support current priorities moving forward.