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

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0001063-399560234-19
Project Profile
DR-O0011 - PP aprobado para divulgar.pdf
Feb. 13, 2024
English

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