WASHINGTON, May 24, 2019 - The World Bank’s Board of Executive Directors today approved the following project:
GUATEMALA - SECOND DISASTER RISK MANAGEMENT DEVELOPMENT POLICY LOAN WITH A CATASTROPHE DEFERRED DRAWDOWN OPTION
IBRD Loan: $200 million
Terms: Maturity = 25 years, Grace = 10 years
Project ID: P159710
Project Description: The objective of the project to help strengthen Guatemala’s legal, institutional and financial framework to manage the impact of adverse natural events and climate risk.
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