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LOANS & CREDITS June 26, 2018

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

WASHINGTON, June 26, 2018 - The World Bank’s Board of Executive Directors today approved the following project:

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

 

IBRD Loan: EUR 400 million (US$ 493.06 million equivalent)

Terms of IBRD Loan: Maturity = 20 Years, Grace = 19.5 Years

Project ID: P166303

Project Description: The objective of the project is to strengthen Romania’s institutional and legal framework to effectively manage the physical, social and fiscal impacts of natural disaster and climate change.

 

For more information, please visit here: https://projects.worldbank.org/P166303?lang=en


Contacts

Washington
Kym Smithies
(202)-458-0152
ksmythies@worldbank.org
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