Covid-19 PFF Slovak Republic
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Approval date
17 April 2020
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Borrower
Government
- Country
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Loan size
€ 300 000 000
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Line of action
Inclusive growth
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Status
Completed
Support to the Slovak Government in its efforts to mitigate the spread and consequences of Covid-19, to mitigate the crisis effects on its economy and to ensure the continuity of essential public services.
This €300 million Public sector Financing Facility will part-finance the acquisition of medical material and equipment, the rehabilitation or transformation of spaces, medical units and hospitals as well as to provide budget support to MSMEs and companies providing public services including payments due to the public sector and/or the partial coverage of wages. Final beneficiaries will be the country's inhabitants, in particular the elderly and those most vulnerable to the virus, as well as employees of MSMEs and public service providers.