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Mexico - Additional Financing for the Support to Oportunidades Project : Mexico - Financiamiento Adicional para el Proyecto de Apoyo al Programa Oportunidades (Spanish)

The Additional Financing for the Support to Oportunidades Project will support Mexico's conditional cash transfer (CCT) program, Oportunidades, which currently serves about 5.6 million poor families. Additional financing is needed to support a scale-up of activities to enhance development impact. As a large program with a demonstrated ability to reach a wide share of the poor and to have a positive impact on human capital formation, Oportunidades has been central in the domestic policy response of the Government of Mexico to the global economic crisis, as reflected in both increases in cash transfer levels and higher coverage. Largely as a response to the global economic crisis and the corresponding increase in poverty levels, Mexico is implementing additional and expanded activities that scale up the Program's impact and development effectiveness. During the first part of 2010, Oportunidades expanded its coverage by about 8 percent (roughly 400,000 families, from 5.2 million at the end of 2009 to 5.6 million in June 2010), largely in urban areas, and added a new cash benefit for participants with very young children. The additional financing will support the operation of the scaled-up Oportunidades over the period 2011-2013 as well as continued efforts to improve its effectiveness.

Details

  • Document Date

    2010/11/06

  • Document Type

    Project Paper

  • Report Number

    55859

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Mexico,

  • Region

    Latin America & Caribbean,

  • Disclosure Date

    2010/12/19

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2010-11-09T00:00:00Z

  • Doc Name

    Mexico - Financiamiento Adicional para el Proyecto de Apoyo al Programa Oportunidades

  • Keywords

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Citation

Mexico - Additional Financing for the Support to Oportunidades Project : Mexico - Financiamiento Adicional para el Proyecto de Apoyo al Programa Oportunidades (Spanish). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/127891468279918037/Mexico-Financiamiento-Adicional-para-el-Proyecto-de-Apoyo-al-Programa-Oportunidades