Contingent Loan for Natural Disaster Emergencies - Tropical Storm Alberto
The general objective of the project is to help cushion the impact that a severe or catastrophic natural disaster or public health event could have on the country's public finances. The specific objective is to improve the financial management of natural disaster and public health risks by increasing stable, cost-efficient, rapid contingent financing to cover extraordinary public expenditures aimed at supporting the population affected by natural disaster and public health emergencies.

Project Detail

Country

El Salvador

Project Number

ES-L1169

Approval Date

August 26, 2024

Project Status

Implementation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

CND (Contingency for Natural Disasters)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 21,600,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 21,600,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5914/OC-ES Sovereign Guaranteed USD - United States Dollar Ordinary Capital Contingent Loan for Natural Disasters
Operation Number 5914/OC-ES
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Contingent Loan for Natural Disasters