Supporting Andorra's efforts to tackle COVID-19 pandemic
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Approval date
25 September 2020
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Borrower
Government of the Principality of Andorra
- Country
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Loan size
€ 12 000 000
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Line of action
Inclusive growth
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Status
Completed
This €12 million Public sector Financing Facility will part-finance extraordinary expenditures resulting from the Covid-19 crisis such as the purchase of supplementary medical and pharmaceutical supplies, the acquisition of medical equipment and intensive care beds as well as salaries and overtime payments for new and existing medical and non-medical staff.
Final beneficiaries will be the residents of Andorra and all other persons on the national territory directly impacted by the Covid-19 pandemic. The most vulnerable, including the elderly and those infected by the virus, will particularly benefit from the project.