Contingent Loan for Natural Disaster Emergencies - Tropical Storm Julia
The general objective of the project is to help cushion the impact that a severe or catastrophic natural disaster or public health event could have on the country's public finances. The specific objective is to improve the financial management of natural disaster and public health risks by increasing stable, cost-efficient, rapid contingent financing to cover extraordinary public expenditures aimed at supporting the population affected by natural disaster and public health emergencies.

Project Detail

Country

El Salvador

Project Number

ES-L1161

Approval Date

October 28, 2022

Project Status

Implementation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

CND (Contingency for Natural Disasters)

Facility Type

-

Environmental Classification

-

Total Cost

USD 27,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 27,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5631/OC-ES Sovereign Guaranteed USD - United States Dollar Ordinary Capital Contingent Loan for Natural Disasters
Operation Number 5631/OC-ES
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Contingent Loan for Natural Disasters

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000251-1153853250-7
Loan Proposal
CONTINGENT LOAN PROPOSAL NOTIFICATION TO THE PUBLIC ES-L1161.docx
Mar. 26, 2024
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8986
Loan Contract
Contrato - Préstamo Contingente para Emergencias por Desastres Naturales y de Salud Pública.pdf
Mar. 21, 2024
Spanish

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