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World Bank Group

06/26/2020 | Press release | Distributed by Public on 06/26/2020 16:29

Croatia: Earthquake Recovery and Public Health Preparedness Project

WASHINGTON, June 26, 2020 - The World Bank's Board of Executive Directors today approved the following project: Croatia: Earthquake Recovery and Public Health Preparedness Project

IBRD Loan: EUR 183.9 million ($200 million equivalent)

Terms: Maturity = 14.5 years, Grace = 5 years

Project ID: P173998

Project Description: The Project objective is to assist Croatia with earthquake reconstruction efforts in Zagreb and the surrounding areas, improve institutional capacity for reconstruction, and strengthen national systems for public health preparedness. The project is part of a World Bank's package of support to Croatia in addressing the multifaceted emergency caused by the global pandemic, the economic recession, and the March 22, 2020 earthquake.