Skip to Main Navigation

Third Fiscal Consolidation, Sustainable Energy & Competitiveness DPF

Abstract*

The development objectives of the Third Fiscal Consolidation, Sustainable Energy, and Competitiveness Programmatic Development Policy Financing Project for Egypt are built around three pillars: (1) advance fiscal consolidation through higher revenue collection, greater moderation of the wage bill growth, and stronger debt management; (2) ensure sustainable energy supply through private sector engagement; and (3) enhance the business environment through...

* 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 proposed operation is built around three pillars, which are also the program development objectives (PDOs) of the programmatic series: (1) advance fiscal consolidation through higher revenue collection, greater moderation of the wage bill growth, and stronger debt management; (2) ensure sustainable energy supply through private sector engagement; and (3) enhance the business environment through investment laws, industrial license requirements as well as enhancing competition.

Key Details

Project Details

  • P164079

  • Closed

  • Mohamed Chowdhury , Ashish Khanna

  • Ministry of International Cooperation

  • Egypt, Arab Republic of

  • October 2, 2017

  • (as of board presentation)

    December 5, 2017

  • March 4, 2018

  • US$ 1150.00 million

  • Ministry of Investment and International Cooperation

  • Middle East and North Africa

  • 2018

  • US$ 1150.00 million

  • N/A

  • October 18, 2022

  • June 30, 2019

  • No

  • BANK APPROVED

  • P161228

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 1150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 1150.00
IDA Commitment N/A
IBRD + IDA Commitment 1150.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 1150.00

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

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

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Sep 15, 2018 IBRD-88030 Int Charges 2,499,333.20
Mar 6, 2018 IBRD-88030 Loan Disb 149,624,992.00
Mar 6, 2018 IBRD-88030 Loan Disb 997,500,030.00
Mar 4, 2018 IBRD-88030 Loan Disb 2,500,000.00
Mar 4, 2018 IBRD-88030 Fee Charges 2,500,000.00
Mar 4, 2018 IBRD-88030 Loan Disb 375,000.00
Mar 4, 2018 IBRD-88030 Fee Charges 375,000.00
Mar 15, 2019 IBRD-88030 Int Charges 17,848,612.00
Mar 15, 2019 IBRD-88030 Int Charges 2,677,291.80
Sep 15, 2019 IBRD-88030 Int Charges 18,808,888.00
Sep 15, 2019 IBRD-88030 Int Charges 2,821,333.20
Mar 15, 2020 IBRD-88030 Int Charges 15,368,889.00
Mar 15, 2020 IBRD-88030 Int Charges 2,305,333.20
Mar 15, 2024 IBRD-88030 Loan Repay 16,700,000.00
Mar 15, 2024 IBRD-88030 Int Charges 4,919,230.50
Mar 15, 2024 IBRD-88030 Loan Repay 2,505,000.00
Dec 5, 2017 IBRD-88030 Loan Commitment 1,000,000,000.00
Dec 5, 2017 IBRD-88030 Loan Commitment 150,000,000.00
Mar 15, 2024 IBRD-88030 Int Charges 504,506.70
Mar 15, 2024 IBRD-88030 Int Charges 75,676.00
Mar 15, 2024 IBRD-88030 Int Charges 32,794,870.00
Mar 15, 2023 IBRD-88030 Loan Repay 16,700,000.00
Mar 15, 2023 IBRD-88030 Loan Repay 2,505,000.00
Mar 15, 2023 IBRD-88030 Int Charges 1,140,595.90
Mar 15, 2023 IBRD-88030 Int Charges 171,089.38
Mar 15, 2023 IBRD-88030 Int Charges 26,738,200.00
Mar 15, 2023 IBRD-88030 Int Charges 4,010,729.80
Sep 15, 2023 IBRD-88030 Int Charges 381,937.56
Sep 15, 2023 IBRD-88030 Int Charges 57,290.64
Sep 15, 2023 IBRD-88030 Int Charges 30,206,478.00
Sep 15, 2023 IBRD-88030 Int Charges 4,530,971.50
Sep 15, 2023 IBRD-88030 Loan Repay 16,700,000.00
Sep 15, 2023 IBRD-88030 Loan Repay 2,505,000.00
Sep 15, 2022 IBRD-88030 Int Charges 10,918,413.00
Sep 15, 2022 IBRD-88030 Int Charges 1,637,761.90
Mar 15, 2022 IBRD-88030 Int Charges 5,932,778.00
Mar 15, 2022 IBRD-88030 Int Charges 889,916.70
Sep 15, 2021 IBRD-88030 Int Charges 6,184,444.50
Sep 15, 2021 IBRD-88030 Int Charges 927,666.70
Sep 15, 2020 IBRD-88030 Int Charges 8,791,111.00
Sep 15, 2020 IBRD-88030 Int Charges 1,318,666.60
Mar 15, 2021 IBRD-88030 Int Charges 6,435,555.50
Mar 15, 2021 IBRD-88030 Int Charges 965,333.30
Sep 15, 2018 IBRD-88030 Int Charges 191,746.58
Sep 15, 2018 IBRD-88030 Int Charges 28,761.99
Sep 15, 2018 IBRD-88030 Int Charges 655,363.90
Sep 15, 2018 IBRD-88030 Int Charges 98,304.58
Sep 15, 2018 IBRD-88030 Int Charges 16,662,222.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 09-30-2020
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-24-2021PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.