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LOANS & CREDITS September 28, 2017

Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option

WASHINGTON, September 28, 2017 - The World Bank’s Board of Executive Directors today approved the following project:

Dominican Republic – Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option

IBRD Loan: US$150 million

Terms: Maturity = 19 Years, Grace = 12 Years

Project ID: P159351

Project Description:  The objective of the project is to support the efforts of the Government of the Dominican Republic to quickly mobilize resources in the aftermath of a natural catastrophe including public health-related events and to strengthen the government’s capacity for disaster risk management, climate adaptation, and financial resilience.

Contact:

Christelle Chapoy

+1(202) 458 2656 

More information:  https://projects.worldbank.org/P159351?lang=en

 


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