Program for improving the financial risk management of public fixed assets (II)

The specific aim of the Program is the improvement of procedures and information systems of registration, evaluation and accounting monitoring of the fixed assets of the public service infrastructure so that the SEH has more and better information for ongoing and timely decisions about the value of these assets at risk, thus enabling better financial management of the increased costs they face for the rehabilitation and/or reconstruction of them, upon the occurrence of natural disasters of catastrophic intensity.

Project Detail

Country

Dominican Republic

Project Number

DR-T1060

Approval Date

November 23, 2009

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

INSURANCE MARKET DEVELOPMENT

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 180,000.00

Country Counterpart Financing

USD 30,000.00

Original Amount Approved

USD 150,000.00