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NI-L1163 : Contingent Loan for Natural Disaster Emergencies - Hurricanes Eta and Iota
Project Status: Closed
The objective of the operation is to mitigate the impact of severe or catastrophic natural disasters on the public finances of Nicaragua by increasing the availability, stability, and efficiency of contingent financing to respond to emergencies caused by such events. The specific objective of the operation is to make liquid resources more readily available and to increase the stability and efficiency of the country's ex ante financial coverage in order to promptly cover the extraordinary expenses that are likely to arise during emergencies caused by severe or catastrophic natural disasters.
Project Detail
Project Number
NI-L1163
Project Country
Nicaragua
Project Sector
FINANCIAL MARKETS
Project Subsector
RISK FINANCING
Project Type
Loan Operation
Project Status
Closed
Operation Number
5195/BL-NI
Financial Information
Project Number
NI-L1163
Project Status
Closed
IDB Financing
Financing type
CCF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/24/2022
Roles & Responsibilities
Contract signature date
Dec/11/2020
Project Information
Total Cost
USD 35,000,000
Country counterpart financing
USD 0
Amount
USD 35,000,000
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