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LOANS & CREDITS June 26, 2020

Croatia: Crisis Response and Recovery Development Policy Financing

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. 


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