AM popup english

Countdown to the 2025 World Bank Annual Meetings

Mark your calendar for October 13–18 as leaders, experts, and voices from around the world come together for critical conversations on the global economy and development. From live discussions to special events, there’s something for everyone to follow online. Sign up now to receive updates and be the first to know what’s happening throughout the week.

Sign Up for Updates
  1. What We Do

Serbia Second Public Expenditure and Public Utilities DPL

Abstract*

The Public Expenditure and Public Utilities Development Policy Loan (PEPU DPL) series supports the Serbia government’s multi-year fiscal consolidation agenda under the following three development objectives: Pillar A: Improve public expenditure management through strengthened public financial management and public administration reform; Pillar B: Improve the financial sustainability and efficiency of energy sector public enterprises; and Pillar C:...

* 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

This is the second in a series of two development policy loans to support the Government of Serbia’s multiyear fiscal consolidation agenda and transformation of energy and transport sector public enterprises and state-owned companies. The series supports critical policy and institutional reforms within three pillars with the following development objectives: (A) Improve public expenditure management through strengthened public financial management and public administration reform; (B) Improve the financial sustainability and efficiency of energy sector public enterprises; and (C) Improve the financial sustainability and efficiency of transport sector public enterprises and state-owned companies

Key Details

Project Details

  • P161184

  • Closed

  • Ekaterina Vostroknutova , Rakesh Tripathi

  • The Republic of Serbia

  • Serbia

  • February 12, 2018

  • (as of board presentation)

    March 20, 2018

  • July 10, 2018

  • US$ 200.00 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2018

  • US$ 200.00 million

  • N/A

  • Not Applicable

  • August 30, 2019

  • BANK APPROVED

  • P155694

  • March 4, 2021

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Central Government(Central Agencies)FY17 - Central Government (Central Agencies)FY17 - Other Energy andExtractivesFY17 - Other Energy and ExtractivesFY17 - Rural and Inter-UrbanRoadsFY17 - Rural and Inter-Urban RoadsFY17 - Railways

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 200.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 200.00
IDA Commitment N/A
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 September 30, 2025

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

Detailed Financial Activity as of September 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Mar 20, 2018 IBRD-88310 Loan Commitment 200,000,000.00
Jan 23, 2019 IBRD-88310 Loan Disb 182,089,632.00
Nov 15, 2023 IBRD-88310 Int Charges 3,897,732.20
May 15, 2023 IBRD-88310 Int Charges 2,696,925.20
May 15, 2022 IBRD-88310 Int Charges 251,637.19
Nov 15, 2022 IBRD-88310 Int Charges 470,064.78
Nov 15, 2021 IBRD-88310 Int Charges 291,384.20
Nov 15, 2020 IBRD-88310 Int Charges 630,548.06
May 15, 2021 IBRD-88310 Int Charges 293,459.62
May 15, 2020 IBRD-88310 Int Charges 394,941.30
Jul 10, 2018 IBRD-88310 Loan Disb 469,875.44
Jul 10, 2018 IBRD-88310 Fee Charges 469,875.44
May 15, 2019 IBRD-88310 Int Charges 220,055.14
May 15, 2019 IBRD-88310 Int Charges 799.14
May 15, 2019 IBRD-88310 Int Charges 84,765.20
May 15, 2019 IBRD-88310 Int Charges 296,939.66
Nov 15, 2019 IBRD-88310 Int Charges 516,190.10
May 15, 2024 IBRD-88310 Int Charges 4,236,326.00
Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 10-19-2020
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 07-19-2021PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityHighN/a
M&e QualityN/a

Results Framework

No data available.