Bolivia to modernize its social protection system with IDB support

WASHINGTON - The Inter-American Development Bank (IDB) will support the government of Bolivia with $500 million to strengthen the country's social protection system and expand direct access to state assistance for the most vulnerable families.

The funds will be used to create a new social household registry, a cutting-edge tool that will improve the allocation of public resources. This will ensure more transparent management, strengthens the system of direct transfers, and enables better support for families by using technical criteria to distribute resources according to their needs, prioritizing the most vulnerable households.

The new social registry will also enhance the state's ability to respond to unforeseen and disruptive crises, such as health emergencies, that require immediate attention.

The program will benefit approximately 1 million people living in poverty or vulnerability.