Contingent Loan for Natural Disaster and Public Health Emergencies. Modification of Resolution DE-66/18 and Loan Contract JA-O0004

The general development objective of the modified project is to contribute to alleviating the impact that a severe or catastrophic natural disaster or 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 fast-access contingent financing to cover extraordinary public expenses aimed at the population affected by emergencies due to natural disasters and public health events.

Project Detail

Country

Jamaica

Project Number

JA-O0016

Approval Date

October 30, 2025

Project Status

Implementation

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

USD 400,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 400,000,000.00

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0001074-358626173-81

Loan Proposal

Jamaica. Prestamo Contingente para Emergencias por Desastres Naturales y de Salud Publica. Modificacion de Resolucion y Contrato de Prestamo.pdf

Oct. 27, 2025

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0001074-358626173-80

Loan Proposal

Jamaica. Contingent Loan for Natural Disaster and Public Health Emergencies. Modification of Resolution DE-6618 and Loan Contract JA-O0004.pdf

Oct. 27, 2025

English