| Financier | Commitments |
|---|---|
| Borrower/Recipient | 0.74 |
| Local Farmer Organizations | 44.10 |
| IDA Credit | 125.00 |
Sri Lanka Agriculture Sector Modernization Project
Abstract*
The development objectives of Agriculture Sector Modernization Project for Sri Lanka are to support increasing agriculture productivity, improving market access, and enhancing value addition of smallholder farmers and agribusinesses in the project areas. This project has three components. 1) The first component, Agriculture Value Chain Development, seeks to promote commercial and export-oriented agriculture; attract and leverage investments from farmer... Show More
Development Objective
The Project Development Objectives (PDO) are to support increasing agriculture productivity, improving market access, and enhancing value addition of smallholder farmers and agribusinesses in the project areas.
Key Details
Project Details
P156019
Closed
John Keyser
Ministry of Finance
May 3, 2016
(as of board presentation)
June 28, 2016
March 17, 2017
US$ 169.84 million
Ministry of Agriculture and Plantation Industries,Ministry of Plantation Industries
2016
US$ 125.00 million
B
May 9, 2024
December 31, 2024
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 125.00 |
| IBRD + IDA Commitment | 125.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 169.84 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 28, 2016 | IDA-58730 | Loan Commitment | 125,000,000.00 |
| Jul 22, 2024 | IDA-58730 | Loan Disb | 52,546.50 |
| Jun 15, 2023 | IDA-58730 | Int Charges | 418,666.97 |
| Aug 28, 2023 | IDA-58730 | Loan Disb | 71,034.36 |
| Nov 14, 2022 | IDA-58730 | Loan Disb | 8,063.68 |
| Nov 14, 2022 | IDA-58730 | Loan Disb | 42,620.61 |
| Feb 6, 2023 | IDA-58730 | Loan Disb | 2,500,000.00 |
| Apr 3, 2023 | IDA-58730 | Loan Disb | 5,000,000.00 |
| Apr 3, 2023 | IDA-58730 | Loan Disb | 33,187.25 |
| Dec 20, 2022 | IDA-58730 | Loan Disb | 2,471,211.00 |
| Dec 15, 2022 | IDA-58730 | Loan Repay | 78,026.10 |
| Dec 15, 2022 | IDA-58730 | Loan Repay | 1,880,660.00 |
| Dec 15, 2022 | IDA-58730 | Int Charges | 233,867.62 |
| Dec 15, 2022 | IDA-58730 | Int Charges | 233,867.62 |
| Dec 15, 2022 | IDA-58730 | Int Charges | 694,015.90 |
| Jan 17, 2023 | IDA-58730 | Loan Disb | 63,930.92 |
| Apr 3, 2023 | IDA-58730 | Loan Disb | 42,620.63 |
| Apr 25, 2023 | IDA-58730 | Loan Disb | 21,310.30 |
| Mar 6, 2023 | IDA-58730 | Loan Disb | 42,620.61 |
| Jun 6, 2023 | IDA-58730 | Loan Cancel | 10,005,390.00 |
| Sep 5, 2023 | IDA-58730 | Loan Disb | 66,374.50 |
| Sep 5, 2023 | IDA-58730 | Loan Disb | 6,000,000.00 |
| Mar 17, 2023 | IDA-58730 | Loan Disb | 63,930.92 |
| Jun 15, 2023 | IDA-58730 | Int Charges | 123,314.57 |
| Jun 28, 2023 | IDA-58730 | Loan Disb | 3,225,012.00 |
| Jun 15, 2023 | IDA-58730 | Loan Repay | 1,964,308.40 |
| Jun 30, 2023 | IDA-58730 | Loan Disb | 71,034.36 |
| Jun 30, 2023 | IDA-58730 | Loan Disb | 42,620.60 |
| Jun 15, 2023 | IDA-58730 | Int Charges | 251,200.17 |
| Jun 15, 2023 | IDA-58730 | Int Charges | 251,200.17 |
| Dec 15, 2020 | IDA-58730 | Int Charges | 245,620.62 |
| Mar 17, 2021 | IDA-58730 | Loan Disb | 2,290,000.00 |
| Dec 15, 2020 | IDA-58730 | Int Charges | 8,933.55 |
| Nov 30, 2020 | IDA-58730 | Loan Disb | 2,260,000.00 |
| Jun 15, 2021 | IDA-58730 | Int Charges | 12,064.78 |
| Jun 15, 2021 | IDA-58730 | Int Charges | 185,974.58 |
| Jun 15, 2021 | IDA-58730 | Int Charges | 185,974.58 |
| Jun 15, 2021 | IDA-58730 | Int Charges | 306,226.62 |
| Jul 12, 2021 | IDA-58730 | Loan Disb | 4,725,044.00 |
| Feb 22, 2022 | IDA-58730 | Loan Disb | 5,553,420.00 |
| Jun 15, 2022 | IDA-58730 | Loan Repay | 1,933,121.90 |
| Jun 15, 2022 | IDA-58730 | Int Charges | 232,552.88 |
| Jun 15, 2022 | IDA-58730 | Int Charges | 232,552.88 |
| Jun 15, 2022 | IDA-58730 | Int Charges | 812,384.70 |
| Jun 15, 2022 | IDA-58730 | Loan Repay | 27,050.81 |
| Sep 27, 2021 | IDA-58730 | Loan Disb | 3,073,797.00 |
| Dec 8, 2021 | IDA-58730 | Loan Disb | 4,000,000.00 |
| Jan 4, 2022 | IDA-58730 | Loan Disb | 3,000,000.00 |
| Aug 5, 2022 | IDA-58730 | Loan Disb | 88,499.34 |
| Sep 27, 2022 | IDA-58730 | Loan Disb | 42,620.61 |
| Dec 15, 2018 | IDA-58730 | Int Charges | 60,602.00 |
| Dec 15, 2018 | IDA-58730 | Int Charges | 60,602.00 |
| Apr 10, 2019 | IDA-58730 | Loan Disb | 4,801,006.00 |
| Jun 15, 2019 | IDA-58730 | Int Charges | 129,817.82 |
| Jun 15, 2019 | IDA-58730 | Int Charges | 2,345.93 |
| Jun 15, 2019 | IDA-58730 | Int Charges | 2,345.93 |
| Jun 15, 2019 | IDA-58730 | Int Charges | 75,544.74 |
| Jun 15, 2019 | IDA-58730 | Int Charges | 75,544.74 |
| Oct 24, 2019 | IDA-58730 | Loan Disb | 3,880,674.00 |
| Apr 30, 2020 | IDA-58730 | Loan Disb | 2,000,000.00 |
| Dec 15, 2019 | IDA-58730 | Int Charges | 1,078.07 |
| Dec 15, 2019 | IDA-58730 | Int Charges | 1,078.07 |
| Dec 15, 2019 | IDA-58730 | Int Charges | 94,343.05 |
| Dec 15, 2019 | IDA-58730 | Int Charges | 94,343.05 |
| Dec 15, 2019 | IDA-58730 | Int Charges | 145,634.38 |
| Mar 4, 2020 | IDA-58730 | Loan Disb | 2,000,000.00 |
| Jun 15, 2020 | IDA-58730 | Int Charges | 111,896.83 |
| Jun 15, 2020 | IDA-58730 | Int Charges | 111,896.83 |
| Jun 15, 2020 | IDA-58730 | Int Charges | 177,925.40 |
| Jun 9, 2020 | IDA-58730 | Loan Disb | 2,089,562.00 |
| Jun 22, 2020 | IDA-58730 | Loan Disb | 4,000,000.00 |
| Jun 15, 2020 | IDA-58730 | Int Charges | 13,354.94 |
| Sep 17, 2020 | IDA-58730 | Loan Disb | 2,161,495.00 |
| Dec 4, 2020 | IDA-58730 | Loan Disb | 4,080,000.00 |
| Dec 15, 2020 | IDA-58730 | Int Charges | 154,605.25 |
| Dec 15, 2020 | IDA-58730 | Int Charges | 154,605.25 |
| Jun 19, 2017 | IDA-58730 | Loan Disb | 1,694,966.00 |
| Jun 29, 2017 | IDA-58730 | Loan Disb | 1,026,000.00 |
| Jun 20, 2018 | IDA-58730 | Loan Disb | 2,951,394.00 |
| Dec 7, 2017 | IDA-58730 | Loan Disb | 9,960,385.00 |
| Jun 12, 2018 | IDA-58730 | Loan Disb | 1,964,839.00 |
| Dec 7, 2017 | IDA-58730 | Loan Disb | -9,960,385.00 |
| Dec 7, 2017 | IDA-58730 | Loan Disb | 9,960,385.00 |
| Dec 15, 2017 | IDA-58730 | Int Charges | 11,627.16 |
| Dec 15, 2017 | IDA-58730 | Int Charges | 11,627.16 |
| Dec 15, 2017 | IDA-58730 | Int Charges | 14,959.06 |
| Dec 15, 2018 | IDA-58730 | Int Charges | 3,720.97 |
| Dec 15, 2018 | IDA-58730 | Int Charges | 3,720.97 |
| Jun 15, 2018 | IDA-58730 | Int Charges | 4,410.08 |
| Jun 15, 2018 | IDA-58730 | Int Charges | 47,835.77 |
| Jun 15, 2018 | IDA-58730 | Int Charges | 47,835.77 |
| Jun 15, 2018 | IDA-58730 | Int Charges | 79,726.30 |
| Jan 25, 2019 | IDA-58730 | Loan Disb | 2,274,413.00 |
| Dec 15, 2018 | IDA-58730 | Int Charges | 107,204.96 |
| Dec 15, 2023 | IDA-58730 | Loan Repay | 1,753,883.90 |
| Dec 15, 2023 | IDA-58730 | Int Charges | 284,314.70 |
| Dec 15, 2023 | IDA-58730 | Int Charges | 284,314.70 |
| Dec 15, 2023 | IDA-58730 | Int Charges | 414,981.94 |
| Dec 19, 2023 | IDA-58730 | Loan Disb | 3,000,000.00 |
| Dec 15, 2023 | IDA-58730 | Loan Repay | 41,180.13 |
| Nov 20, 2023 | IDA-58730 | Loan Disb | 14,749.89 |
| Dec 8, 2023 | IDA-58730 | Loan Disb | 85,241.23 |
| Dec 8, 2023 | IDA-58730 | Loan Disb | 11,571.97 |
| Dec 8, 2023 | IDA-58730 | Loan Disb | 63,930.92 |
| Dec 8, 2023 | IDA-58730 | Loan Disb | 23,678.11 |
| Jul 9, 2024 | IDA-58730 | Loan Disb | 2,000,000.00 |
| Aug 8, 2024 | IDA-58730 | Loan Disb | 398,209.12 |
| Aug 29, 2024 | IDA-58730 | Loan Disb | 392,716.60 |
| Mar 18, 2024 | IDA-58730 | Loan Disb | 90,781.88 |
| Mar 18, 2024 | IDA-58730 | Loan Disb | 81,339.08 |
| Aug 20, 2024 | IDA-58730 | Loan Disb | 35,517.18 |
| Oct 6, 2023 | IDA-58730 | Loan Disb | 63,930.92 |
| May 20, 2024 | IDA-58730 | Loan Disb | 1,000,000.00 |
| Apr 16, 2024 | IDA-58730 | Loan Disb | 40,101.27 |
| Feb 26, 2024 | IDA-58730 | Loan Disb | 54,459.67 |
| Apr 24, 2024 | IDA-58730 | Loan Disb | 3,000,000.00 |
| Sep 4, 2024 | IDA-58730 | Loan Disb | 33,187.25 |
| Apr 30, 2024 | IDA-58730 | Loan Disb | 71,905.71 |
| Jan 30, 2024 | IDA-58730 | Loan Disb | 106,551.20 |
| Feb 13, 2024 | IDA-58730 | Loan Disb | 26,588.95 |
| Apr 8, 2024 | IDA-58730 | Loan Disb | 25,812.31 |
| Jun 3, 2024 | IDA-58730 | Loan Disb | 15,769.63 |
| Apr 8, 2024 | IDA-58730 | Loan Disb | 56,865.37 |
| Jun 15, 2024 | IDA-58730 | Loan Repay | 1,764,043.80 |
| Jun 15, 2024 | IDA-58730 | Int Charges | 300,333.34 |
| Jun 15, 2024 | IDA-58730 | Int Charges | 300,333.34 |
| Jun 15, 2024 | IDA-58730 | Int Charges | 487,776.56 |
| Jun 3, 2024 | IDA-58730 | Loan Disb | 134,965.27 |
| Jun 15, 2024 | IDA-58730 | Int Charges | 57,858.45 |
| Dec 15, 2021 | IDA-58730 | Int Charges | 205,027.45 |
| Dec 15, 2021 | IDA-58730 | Int Charges | 205,027.45 |
| Dec 15, 2021 | IDA-58730 | Int Charges | 341,712.50 |
| Dec 15, 2021 | IDA-58730 | Int Charges | 3,620.46 |
| Dec 15, 2021 | IDA-58730 | Loan Repay | 2,055,427.60 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Moderately Unsatisfactory | 2024-12-18 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-12-18 |
| Project Management | Moderately Satisfactory | 2024-12-18 |
| Financial Management | Moderately Satisfactory | 2024-12-18 |
| Procurement | Moderately Unsatisfactory | 2024-12-18 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-12-18 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Direct project beneficiaries Value 0.00 137837.00 135000.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Female beneficiaries Value 0.00 438.00 54000.00 Date October 15, 2016 June 29, 2018 October 31, 2021 Comment Clients who have adopted an improved agr. technology promoted by the project Value 0.00 49561.00 90500.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Clients who adopted an improved agr. technology promoted by project – female Value 0.00 25079.00 36000.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Increase in average value of sales of agriculture products due to project interventions (Market Access Indicator) Value 0.00 37.93 25.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment New Jobs generated through investments in agribusiness organizations under the project. Value 0.00 5516.00 10100.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of Small and Cluster Matching Grants approved (Window A) Value 0.00 1167.00 1000.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Training taken by project staff at all levels Value 0.00 301.00 500.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Targeted clients satisfied with agricultural services Value 0.00 77.00 75.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Number of small SME grants approved Value 0.00 326.00 300.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Targeted clients satisfied with agricultural services - female - (Core) Value 0.00 0.00 75.00 Date October 15, 2016 June 29, 2018 October 31, 2021 Comment Number of cluster grants approved Value 0.00 841.00 700.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Client days of training provided under Components 1 and 2 Value 10000.00 160037.00 170000.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Number of large matching grants approved (Window B) Value 0.00 170.00 160.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Client days of training provided female under Components 1 and 2 Value 3000.00 69960.00 68000.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Share of project-supported farmer producer organizations under Components 1 and 2 making profit Value 0.00 61.00 70.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Number of new farmer producer organizations registered Value 0.00 114.00 80.00 Date October 15, 2016 December 5, 2023 June 30, 2023 Comment Share of project-supported women-led farmer producer organizations under Components 1 and 2 making profit Value 0.00 84.60 70.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Share of farmer producer organizations functional Value 0.00 0.00 75.00 Date October 15, 2016 June 29, 2018 October 31, 2021 Comment Number of clusters completed in accordance with cluster development plans Value 0.00 4.00 33.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Share of Matching Grant recipients operating based on approved business plans Value 0.00 95.00 80.00 Date October 15, 2016 December 5, 2023 December 31, 2024 Comment Share of matching grant recipients reporting improved access to markets Value 0.00 90.00 50.00 Date June 1, 2017 December 5, 2023 December 31, 2024 Comment Number of research reports and policy notes completed Value 0.00 10.00 20.00 Date October 15, 2016 December 10, 2023 December 31, 2024 Comment Number of commercial partnerships or market contracts signed between producer groups and domestic/international agribusiness actors(processors, wholesalers, retailers, exporters, etc.) Value 0.00 52.00 105.00 Date June 1, 2017 December 5, 2023 December 31, 2024 Comment Farmers adopting improved agricultural technology Value 0.00 13005.00 26500.00 Date June 1, 2017 December 5, 2023 December 31, 2024 Comment Farmers adopting improved agricultural technology - Female Value 0.00 0.00 3000.00 Date Comment Farmers adopting improved agricultural technology - male Value 0.00 0.00 0.00 Date Comment Area provided with new/improved irrigation or drainage services Value 0.00 5324.00 10000.00 Date June 1, 2017 December 5, 2023 December 31, 2024 Comment Area provided with new irrigation or drainage services Value 0.00 2120.00 7000.00 Date June 1, 2017 December 5, 2023 December 31, 2024 Comment Area provided with improved irrigation or drainage services Value 0.00 3204.00 3000.00 Date June 1, 2017 December 5, 2023 December 31, 2024 Comment km roads constructed and rehabilitated under the project Value 0.00 105.00 80.00 Date June 1, 2017 December 5, 2023 December 31, 2024 Comment