| Financier | Commitments |
|---|---|
| IDA Credit | 30.00 |
Grenada First Fiscal Resilience and Blue Growth Development Policy Credit
Abstract*
This program document presents the first operation in a programmatic series of two Development Policy Credits (DPC) for Grenada. The First Fiscal Resilience and Blue Growth Development Policy Credit, in the amount of US$30 million, supports the implementation of policy and institutional reforms set out in the Government’s long-term development strategy, the New Economy Plan (NEP), the Growth and Poverty Reduction Strategy (GPRS) for 2014-18, and Grenada’s... Show More
Development Objective
The series’ Program Development Objectives are to: (i) Support fiscal measures and compliance with the Fiscal Responsibility Law; and (ii) Support Grenada’s transition to a Blue Economy by strengthening marine and coastal management, marine ecosystem health, and climate resilience.
Key Details
Project Details
P164289
Closed
Ewa Korczyc , Tehmina Shaukat Khan
Grenada
Grenada
March 12, 2018
(as of board presentation)
June 22, 2018
July 25, 2018
US$ 35.00 million
Ministry of Finance, Planning, Economic Development and Physical Development
2018
US$ 30.00 million
N/A
August 16, 2023
December 31, 2019
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 30.00 |
| IBRD + IDA Commitment | 30.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 35.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Aug 21, 2018 | IDA-62750 | Loan Disb | 30,000,000.00 |
| Sep 15, 2023 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2019 | IDA-62750 | Int Charges | 28,000.00 |
| Mar 15, 2019 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2019 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2019 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2019 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2020 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2020 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2022 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2022 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2022 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2022 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2021 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2021 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2020 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2020 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2023 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2023 | IDA-62750 | Int Charges | 210,000.00 |
| Sep 15, 2023 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2019 | IDA-62750 | Int Charges | 28,000.00 |
| Mar 15, 2021 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2021 | IDA-62750 | Int Charges | 210,000.00 |
| Jun 22, 2018 | IDA-62750 | Loan Commitment | 30,000,000.00 |
| Mar 15, 2024 | IDA-62750 | Int Charges | 210,000.00 |
| Mar 15, 2024 | IDA-62750 | Int Charges | 210,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 01-13-2022 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 01-09-2023 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Unsatisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | Not Rated | N/a |
| Implementing Agency | N/a | |
| Icr Quality | Modest | N/a |
| M&e Quality | N/a |
Results Framework
No data available.