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LOANS & CREDITS April 10, 2020

Honduras - DRM Development Policy Credit with a Catastrophe Deferred Drawdown Option (Cat DDO)

WASHINGTON, April 10, 2020 - The World Bank’s Board of Executive Directors today approved the following project:

Honduras - DRM Development Policy Credit with a Catastrophe Deferred Drawdown Option (Cat DDO)

IDA Credit: $119 million

Terms: Maturity = 30 years, Grace = 5 years

Project ID: P172567

Project Description: The objective of the Disaster Risk Management Development Policy Credit with a Catastrophe Deferred Drawdown Option (Cat DDO) is to strengthen Honduras’ institutional and financial framework to manage the risk of adverse natural events including disease outbreaks.

For more information, please visit here.

 


Contacts

César León
+503 2526-5900
cleonjuarez@worldbank.org
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