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ES-O0011 : Contingent Loan for Natural Disaster and Public Health Emergencies

Project Status: Implementation

The general objective of the project 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

Project Detail

Project Number
ES-O0011
Approval date
October 13, 2021
Project Country
El Salvador
Project Sector
FINANCIAL MARKETS
Project Subsector
RISK FINANCING
Project Type
Container
Project Lending Type
SG
Project Modality
Facility
Project Facility Type
CCF (Contingent Credit Financing for Natural Disasters)
Environmental and social impact category
B13
Project Status
Implementation

Project Information

Total Cost
USD 400,000,000
Country counterpart financing
USD 0
Amount
USD 400,000,000