Contingent Loan for Natural Disaster and Public Health Emergencies

The general development objective of the project is to help cushion the impact that a natural disaster or a severe or catastrophic public health event could have on the country's public finances. The specific development objective is to improve the financial management of natural disaster and public health risks by increasing stable, cost-efficient and rapidly accessible contingent financing to cover extraordinary public expenses aimed at caring for the population affected by natural disaster and public health emergencies.

Project Detail

Country

Jamaica

Project Number

JA-O0016

Approval Date

Project Status

Preparation

Project Type

Container

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

Lending Instrument

Lending Instrument Code

Modality

Facility

Facility Type

CCF (Contingent Credit Financing for Natural Disasters)

Environmental and Social Impact Category (ESIC)

Total Cost

Country Counterpart Financing

Original Amount Approved

USD 385,000,000.00

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Preparation Phase

https://www.iadb.org/document.cfm?id=EZIDB0001074-358626173-16

Project Profile

JA-O0016 - Approved Project Profile for publication.pdf

Nov. 13, 2024

English

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