Skip to Main Navigation

Third Development Policy Loan

Abstract*

This is the third policy loan (PL3) in a program of three lending operations supporting Poland's goal of convergence with European Union (EU) living standards. PL3 continues to support the Government's successful policy response to the economic slowdown. Key reform initiatives included the anti-crisis stability and development plan; the reduction in the tax wedge; the phasing out of early retirement pensions; and the amendments of the law on freedom...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Show More

Development Objective

The objective is to accelerate Poland's convergence with EU living standards and will support reforms in the areas of public financial management, business environment, labor market, health, education and social protection.

Key Details

Project Details

  • P117666

  • Closed

  • Kaspar Richter

  • N/A

  • Poland

  • February 24, 2010

  • (as of board presentation)

    June 17, 2010

  • July 7, 2010

  • US$ 1331.30 million

  • N/A

  • Not Applicable

  • December 31, 2010

  • BANK APPROVED

  • P116125

  • March 4, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 1331.30

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 1331.30
IDA Commitment N/A
IBRD + IDA Commitment 1331.30
Lending Instrument
Grant Amount N/A
Total Project Cost** 1331.30

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Nov 15, 2019 IBRD-79490 Loan Repay 42,475,124.00
Nov 15, 2019 IBRD-79490 Int Charges 906,386.06
May 15, 2020 IBRD-79490 Loan Repay 41,616,576.00
May 15, 2020 IBRD-79490 Int Charges 397,154.53
May 15, 2021 IBRD-79490 Loan Repay 46,640,824.00
Nov 15, 2020 IBRD-79490 Loan Repay 45,499,300.00
Nov 15, 2020 IBRD-79490 Int Charges 1,718,649.80
May 15, 2022 IBRD-79490 Loan Repay 39,993,800.00
Nov 15, 2021 IBRD-79490 Loan Repay 44,086,352.00
May 15, 2023 IBRD-79490 Loan Repay 41,886,076.00
May 15, 2023 IBRD-79490 Int Charges 8,735,024.00
Nov 15, 2022 IBRD-79490 Loan Repay 40,086,200.00
Nov 15, 2022 IBRD-79490 Int Charges 818,209.70
Nov 15, 2023 IBRD-79490 Int Charges 12,160,788.00
Nov 15, 2023 IBRD-79490 Loan Repay 41,834,100.00
Jun 17, 2010 IBRD-79490 Loan Commitment 1,331,299,970.00
May 15, 2024 IBRD-79490 Loan Repay 41,676,248.00
May 15, 2024 IBRD-79490 Int Charges 12,355,796.00
May 15, 2014 IBRD-79490 Int Charges 3,639,344.50
Nov 15, 2013 IBRD-79490 Int Charges 3,161,891.80
Nov 15, 2014 IBRD-79490 Int Charges 4,198,282.00
Nov 15, 2015 IBRD-79490 Int Charges 2,095,560.60
Nov 15, 2016 IBRD-79490 Int Charges 1,155,497.00
May 15, 2015 IBRD-79490 Int Charges 2,570,087.00
May 15, 2019 IBRD-79490 Loan Repay 43,104,600.00
May 15, 2019 IBRD-79490 Int Charges 796,630.25
May 15, 2018 IBRD-79490 Int Charges 864,211.44
May 15, 2018 IBRD-79490 Loan Repay 45,884,300.00
Nov 15, 2018 IBRD-79490 Int Charges 800,581.00
Nov 15, 2018 IBRD-79490 Loan Repay 43,556,976.00
May 15, 2017 IBRD-79490 Int Charges 1,103,044.10
Nov 15, 2017 IBRD-79490 Int Charges 1,089,924.00
Nov 15, 2017 IBRD-79490 Loan Repay 45,610,952.00
May 15, 2016 IBRD-79490 Int Charges 1,892,807.60

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2011
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-17-2011PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualityExemplaryN/a
M&e QualityHighN/a

Results Framework

No data available.