Contingent Loan for Natural Disaster and Public Health Emergencies. Modification Proposal to Resolution DE-115/16 and Contract of Loan DR-X1011

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

Dominican Republic

Project Number

DR-O0011

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 Classification

Total Cost

Country Counterpart Financing

Original Amount Approved

USD 400,000,000.00

Financial Information

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0001063-399560234-112

Loan Proposal

Republica Dominicana. Prestamo Contingente para Emergencias por Desastres Naturales y de Salud Publica (DR-O0011). Propuesta Modificacion.pdf

Jul. 26, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0001063-399560234-110

Loan Proposal

Dominican Republic. Contingent Loan for Natural Disaster and Public Health Emergencies (DR-O0011). Modification Proposal.pdf

Jul. 26, 2024

English