The World Bank Board of Executive Directors today approved the following project:
Bhutan - Development Policy Financing with Catastrophe Deferred Drawdown Option
IDA Credit: $14.8 million
Terms: Maturity= 40 years; Grace period= 10 years
Project ID: P173008
Project Description: To support the Royal Government of Bhutan in enhancing its technical and institutional capacity to manage the risk of climate change and natural disasters including disease outbreaks.