The EIB is backing a post-disaster and climate change resilience and adaptation programme in the Dominican Republic, to finance the rebuilding of infrastructure and housing damaged by natural disasters. In addition to the USD 50 million EIB loan, USD 20 million will be provided through grants from the EU-Caribbean Investment Facility (CIF), which will support the reconstruction of housing in the affected provinces and provide technical assistance support for the government and local authorities.

Subscribe to The Financial Analyst to get original opinion and all the latest news on trending financial topics and breaking stories related to analysis and global markets. If you have a tip or a financial opinion to share get in touch to submit your story.


Please enter your comment!
Please enter your name here