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Second Macroeconomic Stability for competitiveness and Growth

Abstract*

This program document proposes a SDR 142.4 million (US$200 million equivalent) International Development Association (IDA) credit to the Republic of Ghana for the Second Macroeconomic Stability for Competitiveness and Growth (MSCG‐II) Development Policy Financing (DPF) operation. The operation is the second in a programmatic series of two single‐tranche operations to support the implementation of Ghana’s second Shared Growth and Development Agenda...

* 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

Project Development Objective (Note: will be disclosed in the MOS)The Development Objective for this operation is to strengthen institutions for more predictable fiscal outcomes and enhance the productivity of public spending.Board Schedule Comments

Key Details

Project Details

  • P157343

  • Closed

  • Errol George Graham , Michael Geiger

  • Ministry of Finance

  • Ghana

  • January 9, 2017

  • (as of board presentation)

    December 20, 2017

  • December 21, 2017

  • US$ 200.00 million

  • N/A

  • Not Applicable

  • June 30, 2018

  • BANK APPROVED

  • P133664

  • August 31, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 200.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 200.00
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 200.00

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$)
Oct 11, 2018 IDA-61710 Int Charges 1,242,867.10
Apr 11, 2019 IDA-61710 Int Charges 732,732.40
Apr 11, 2019 IDA-61710 Int Charges 732,732.40
Apr 1, 2019 IDA-61710 Int Charges 9,441.21
Apr 1, 2019 IDA-61710 Int Charges 9,441.21
Apr 11, 2019 IDA-61710 Int Charges 1,236,975.40
Nov 9, 2022 IDA-61710 Int Charges 652,944.50
Nov 9, 2022 IDA-61710 Int Charges 652,944.50
Nov 9, 2022 IDA-61710 Int Charges 1,148,295.80
Oct 1, 2022 IDA-61710 Int Charges 35,744.21
Oct 1, 2022 IDA-61710 Int Charges 35,744.21
Apr 1, 2023 IDA-61710 Loan Repay 49,459.51
May 5, 2023 IDA-61710 Loan Repay 3,125,493.80
May 5, 2023 IDA-61710 Int Charges 721,631.56
May 5, 2023 IDA-61710 Int Charges 721,631.56
May 5, 2023 IDA-61710 Int Charges 1,202,719.20
Nov 3, 2023 IDA-61710 Loan Repay 3,088,058.00
Nov 3, 2023 IDA-61710 Int Charges 2,153.75
Nov 3, 2023 IDA-61710 Int Charges 2,153.75
Nov 3, 2023 IDA-61710 Int Charges 3,589.59
Nov 3, 2023 IDA-61710 Int Charges 690,445.00
Nov 3, 2023 IDA-61710 Int Charges 690,445.00
Nov 3, 2023 IDA-61710 Int Charges 1,150,741.60
Oct 1, 2023 IDA-61710 Loan Repay 867.27
Apr 10, 2024 IDA-61710 Int Charges 685,414.30
Apr 10, 2024 IDA-61710 Int Charges 685,414.30
Apr 10, 2024 IDA-61710 Int Charges 1,142,357.20
Apr 10, 2024 IDA-61710 Int Charges 3,464.29
Apr 10, 2024 IDA-61710 Loan Repay 3,024,431.50
Apr 10, 2024 IDA-61710 Int Charges 2,078.58
Apr 10, 2024 IDA-61710 Int Charges 2,078.58
Apr 1, 2024 IDA-61710 Loan Repay 94,049.33
Dec 20, 2017 IDA-61710 Loan Commitment 200,000,000.00
Oct 28, 2019 IDA-61710 Int Charges 722,136.30
Oct 28, 2019 IDA-61710 Int Charges 722,136.30
Oct 28, 2019 IDA-61710 Int Charges 1,215,973.00
Oct 1, 2019 IDA-61710 Int Charges 12,243.78
Oct 1, 2019 IDA-61710 Int Charges 12,243.78
Apr 29, 2020 IDA-61710 Int Charges 728,338.60
Apr 29, 2020 IDA-61710 Int Charges 728,338.60
Apr 29, 2020 IDA-61710 Int Charges 1,213,897.60
Apr 29, 2020 IDA-61710 Int Charges 8,126.50
Oct 1, 2020 IDA-61710 Int Charges 18,618.06
Oct 1, 2020 IDA-61710 Int Charges 18,618.06
Oct 6, 2020 IDA-61710 Int Charges 735,859.94
Oct 6, 2020 IDA-61710 Int Charges 735,859.94
Oct 6, 2020 IDA-61710 Int Charges 1,257,516.60
May 5, 2021 IDA-61710 Int Charges 764,778.25
May 5, 2021 IDA-61710 Int Charges 764,778.25
May 5, 2021 IDA-61710 Int Charges 1,274,996.10
Apr 1, 2021 IDA-61710 Int Charges 217.05
Apr 1, 2021 IDA-61710 Int Charges 217.05
Oct 1, 2021 IDA-61710 Int Charges 8,147.74
Oct 1, 2021 IDA-61710 Int Charges 8,147.74
Oct 5, 2021 IDA-61710 Int Charges 746,217.60
Oct 5, 2021 IDA-61710 Int Charges 1,257,285.10
Oct 5, 2021 IDA-61710 Int Charges 746,217.60
Apr 6, 2022 IDA-61710 Int Charges 710,267.56
Apr 6, 2022 IDA-61710 Int Charges 710,267.56
Apr 6, 2022 IDA-61710 Int Charges 1,221,765.20
Apr 1, 2022 IDA-61710 Int Charges 22,917.94
Apr 1, 2022 IDA-61710 Int Charges 22,917.94
May 24, 2018 IDA-61710 Int Charges 694,600.50
May 24, 2018 IDA-61710 Int Charges 416,760.30
May 24, 2018 IDA-61710 Int Charges 416,760.30
Dec 22, 2017 IDA-61710 Loan Disb 201,598,528.00
Oct 1, 2018 IDA-61710 Int Charges 28,578.96
Oct 1, 2018 IDA-61710 Int Charges 28,578.96
Oct 11, 2018 IDA-61710 Int Charges 717,127.00
Oct 11, 2018 IDA-61710 Int Charges 717,127.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-26-2019
OutcomesModerately Satisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-30-2020PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeSubstantialN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyModerately SatisfactoryN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

No data available.