WASHINGTON, June 26, 2020 - The World Bank’s Board of Executive Directors today approved the following project: Croatia: Crisis Response and Recovery Development Policy Financing
IBRD Loan: EUR 275.9 million ($300 million equivalent)
Terms: Maturity = 14.5 years, Grace = 5 years
Project ID: P173996
Project Description: The operation aims to support the Government of Croatia’s efforts to mitigate the economic and social impact of the two external shocks that affected Croatia in early 2020 - the COVID-19 pandemic and the earthquake - and advance inclusive and sustainable recovery.