Contingent Loan for Natural Disaster Emergencies - Support for the Flood Emergency Response in Bahía Blanca
The general objective of development is to help mitigate the impact that a severe or catastrophic natural disaster could have on the country's public finances. The specific objective of development is to improve the financial management of natural disasters by increasing stable, cost-efficient, and rapidly accessible contingent financing to cover extraordinary public expenses aimed at assisting the population affected by natural disasters. This financing will support government actions in response to the flood emergency in the City of Bahía Blanca and surrounding areas affected by one of the most extreme climate events in the region.

Project Detail

Country

Argentina

Project Number

AR-L1419

Approval Date

June 11, 2025

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

CND (Contingency for Natural Disasters)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 0.00

Country Counterpart Financing

-

Original Amount Approved

USD 0.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
6000/OC-AR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 6000/OC-AR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility