The general development objective of the project is to help mitigate 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 and public health risks by increasing stable, cost-efficient and rapidly accessible contingent financing to cover extraordinary public expenses aimed at assisting the population affected by natural disaster and public health emergencies.
Project Detail
Country
Uruguay
Project Number
UR-O1166
Approval Date
-
Project Status
Preparation
Project Type
Container
Sector
FINANCIAL MARKETS
Subsector
RISK FINANCING
Lending Instrument
-
Lending Instrument Code
-
Modality
Facility
Facility Type
CCF (Contingent Credit Financing for Natural Disasters)
Environmental and Social Impact Category (ESIC)
-
Total Cost
-
Country Counterpart Financing
-
Original Amount Approved
USD 200,000,000.00