WASHINGTON, D.C. December 1, 2022 – To support the emergency response to the on-going disaster intensified by the La Niña phenomenon, the Colombian government yesterday received a US $300 million disbursement as part of a World Bank development policy loan with a catastrophe deferred drawdown option (Cat DDO) approved in December 2021.
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Colombia Receives US$300 Million World Bank Disbursement to Support its Response to La Niña