LOANS & CREDITS July 1, 2019

Maldives: Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facility

WASHINGTON, July 01, 2019 - The World Bank’s Board of Executive Directors today approved the following project:

Maldives: Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facility

IDA Grant: $5 million

IDA Credit: $5 million

Credit Terms: Maturity = 40 Years, Grace = 10 Years

Project ID: P163939

Project Description: The project aims to enhance the Maldives financial capacity to effectively manage the human, physical and fiscal impact of climate change, natural disasters and disease outbreaks.


Contacts

Colombo
Dilinika Peiris
+94 (011) 5561347
dpeiris@worldbank.org
Washington
Elena Karaban
+1 (202) 473-9277
ekaraban@worldbank.org
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