| Financier | Commitments |
|---|---|
| IDA Credit | 65.00 |
MG - Public Finance Sustainability and Investment DPF
Abstract*
The development objectives of the Public Finance Sustainability and Investment Development Policy Financing (DPF) Operation Project for Madagascar supports two pillars: (i) strengthening the fiscal framework, and (ii) improving the environment for investment. This program document presents a public finance sustainability and investment DPF for the Republic of Madagascar for the amount of special drawing right (SDR) 46.6 million. Progress towards political... Show More
Development Objective
The program development objectives of the proposed operation are (i) increasing availability of information relevant to assessing the effectiveness of public finance, and (ii) improving fiscal sustainability by improving pension fund operations and clearing arrears to the private sector in line with the Treasury's ability to pay, (iii) strengthening investment climate through enhanced financial stability, better commercial justice and establishment of the legal framework governing Private-Public Partnership (PPP) that promotes competition.
Key Details
Project Details
P160866
Closed
Faniry Razafimanantsoa Harivelo , Shireen Mahdi
Public Debt Directorete of Ministry of Finance and Budget
October 5, 2016
(as of board presentation)
November 22, 2016
December 13, 2016
US$ 65.00 million
Ministry of Justice,JIRAMA,Ministry of Energy and Hydrocarbons,Central Bank of Madagascar,Ministry of Economy and Finance
2017
US$ 65.00 million
N/A
Not Applicable
December 31, 2018
BANK APPROVED
August 22, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 65.00 |
| IBRD + IDA Commitment | 65.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 65.00 |
Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 28, 2016 | IDA-D1430 | Loan Disb | 62,329,832.00 |
| Nov 22, 2016 | IDA-D1430 | Loan Commitment | 65,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-11-2020 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | High |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | Moderately Satisfactory |
| Government Performance | Moderately Satisfactory |
| Implementing Agency | Moderately Satisfactory |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 07-06-2020 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | High | N/a |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Moderately Unsatisfactory | N/a |
| Implementing Agency | Moderately Satisfactory | N/a |
| Icr Quality | Substantial | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
No data available.