Contingent Loan for Natural Disaster and Public Health Emergencies

implementation

The general development objective of the project is to help cushion the impact that a natural disaster or a severe or catastrophic public health event could have on the country's public finances. The specific development objective is to improve the financial management of natural disaster and public health risks by increasing stable, cost-efficient and rapidly accessible contingent financing to cover extraordinary public expenses aimed at caring for the population affected by natural disaster and public health emergencies.