T&T seals US$25.5M IDB COVID-19 social protection loan deal

With the Caribbean widely believed to have been the hardest hit region by the still rampaging COVID-19 pandemic, the Inter-American Development Bank (IDB) late last week finalised a loan agreement with the Government of Trinidad and Tobago to provide funding for a social protection initiative targeting citizens most affected by the pandemic.
 The US$25.5 million loan is, according to a regional media report, designed to ensure the maintenance of “basic quality of life standards for vulnerable persons in the immediate period and during the economic recovery of Trinidad and Tobago.”

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