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Second Resilient Institutions for Sustainable Economy

Abstract*

The development objectives of the Second Resilient Institutions for Sustainable Economy Development Policy Financing (DPF) for Pakistan are: (i) enhancing the policy and institutional framework to improve fiscal management, and (ii) improving the regulatory framework to foster growth and competitiveness. The operation was designed to take account of country-specific lessons from past operations. The design is informed by lessons from the 2018 Implementation...

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

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Development Objective

The program’s development objectives are: (i) enhancing the policy and institutional framework to improve fiscal management, and (ii) improving the regulatory framework to foster growth and competitiveness.

Key Details

Project Details

  • P172648

  • Closed

  • Derek Chen , Gonzalo Varela, Adnan Ghumman

  • Islamic Republic of Pakistan

  • Pakistan

  • May 11, 2021

  • (as of board presentation)

    December 19, 2023

  • December 21, 2023

  • US$ 350.00 million

  • N/A

  • Not Applicable

  • December 31, 2024

  • BANK APPROVED

  • P171850

  • December 24, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 200.00
IDA Shorter Maturity Loan (SML) 150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 350.00
IBRD + IDA Commitment 350.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 19, 2023 IDA-74040 Loan Commitment 150,000,000.00
Aug 15, 2024 IDA-74030 Int Charges 373,944.44
Dec 22, 2023 IDA-74030 Loan Disb 200,000,000.00
Aug 15, 2024 IDA-74030 Int Charges 406,333.34
Aug 15, 2024 IDA-74030 Int Charges 1,270,000.00
Aug 15, 2024 IDA-74030 Int Charges 1,270,000.00
Aug 15, 2024 IDA-74030 Int Charges 1,380,000.00
Dec 19, 2023 IDA-74030 Loan Commitment 200,000,000.00
Dec 22, 2023 IDA-74040 Loan Disb 150,000,000.00
Aug 15, 2024 IDA-74030 Int Charges 373,944.44

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.