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UR-O1157 : Contingent Loan for Natural Disaster and Public Health Emergencies

Project Status: Implementation

The general objective of the project is to help cushion the impact that a severe or catastrophic natural disaster or a public health event 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 contingent financing, cost efficient and quickly accessible to cover extraordinary public expenses aimed at the attention of the population affected by natural disasters and public health emergencies.

Project Detail

Project Number
UR-O1157
Approval date
December 16, 2020
Project Country
Uruguay
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 100,000,000
Country counterpart financing
USD 0
Amount
USD 100,000,000