Contingent Loan for Natural Disaster and Public Health Emergencies

preparation

The general development objective of the modified project is to contribute to alleviating the impact that a severe or catastrophic natural disaster or public health event could have on the country's public finances. The specific development objective is to improve the financial management of natural disaster risks and public health by increasing stable, cost-efficient and fast-access contingent financing to cover extraordinary public expenses aimed at the attention of the population affected by emergencies due to natural disasters and public health.