Rwanda's Disaster Resilience Gets Rwf200bn Boost From World Bank

Rwanda's Disaster Resilience Gets Rwf200bn Boost From World Bank

Rwanda's efforts to withstand natural disasters are set to get scaled up thanks to a $141 million support (approx. Rwf203 billion) from the World Bank.

Rwanda gets $141 Million Boost for Disaster Risk Management

PDF Button The World Bank has approved Rwf 204 billion ($141 million) to help Rwanda strengthen its disaster preparedness and response systems, officials said Tuesday. The funding is provided through the Disaster Risk Management Development Policy Financing (DPF) program, which includes the Catastrophe Deferred Drawdown Option (Cat DDO). The initiative aims to build resilience against […] Related Posts: HM King Mohammed VI Addresses Speech to …

Rwanda’s disaster resilience gets Rwf200bn boost from World Bank

Rwanda’s efforts to withstand natural disasters are set to get scaled up thanks to a $141 million support (approx. Rwf203 billion) from the World Bank. In a statement it issued on September 30, the World Bank announced that its Board of Executive Directors had approved a Disaster Risk Management Development Policy Financing (DPF) with a Catastrophe Deferred Drawdown Option (Cat DDO) for the Government of Rwanda. Cat DDO is a contingent credit li…