AR-O0016 : Contingent Loan for Natural Disaster and Public Health Emergencies. Reformulation Proposal of Loan AR-O0008

The general objective is to contribute to alleviating the impact that a natural disaster or a public health event of severe or catastrophic magnitude could have on the country's public finances. The specific objective is to improve the financial management of the risks of natural disasters and public health by increasing stable, cost-efficient and rapidly accessible contingent financing to cover extraordinary public expenditures aimed at the attention of the population affected by emergencies due to natural disasters and public health.