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Strengthening Fiscal Management & Private Sector Employment

Abstract*

The Development Policy Credit (DPC) of US$30 million is the first in a programmatic series of three operations that aim to strengthen policy framework to improve fiscal management and enhance policies to promote private sector employment opportunities in Bhutan. Bhutan is one of the smallest but fastest-growing economies in the world with an annual average growth rate of 7.6 percent over the past three decades. This stellar growth performance has...

* 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)1) Promoting policies to improve fiscal management; 2) Strengthening private sector employment opportunitiesBoard Schedule Comments

Key Details

Project Details

  • P164290

  • Closed

  • Kenechukwu Ezemenari , Yoichiro Ishihara

  • N/A

  • Bhutan

  • August 24, 2017

  • (as of board presentation)

    March 30, 2018

  • May 24, 2018

  • US$ 30.00 million

  • N/A

  • South Asia

  • 2018

  • US$ 30.00 million

  • N/A

  • October 6, 2022

  • February 28, 2019

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 30.00

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** 30.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Aug 15, 2019 IDA-62080 Int Charges 580.40
Aug 15, 2024 IDA-62080 Int Charges 100,397.94
Aug 15, 2019 IDA-62080 Int Charges 106,171.63
Aug 15, 2019 IDA-62080 Int Charges 106,171.63
Aug 15, 2020 IDA-62080 Int Charges 105,273.96
Feb 15, 2021 IDA-62080 Int Charges 2,394.64
Feb 15, 2021 IDA-62080 Int Charges 2,394.64
Feb 15, 2021 IDA-62080 Int Charges 111,079.35
Feb 15, 2021 IDA-62080 Int Charges 111,079.35
Aug 15, 2020 IDA-62080 Int Charges 1,280.82
Aug 15, 2020 IDA-62080 Int Charges 1,280.82
Feb 15, 2020 IDA-62080 Int Charges 694.39
Feb 15, 2020 IDA-62080 Int Charges 694.39
Feb 15, 2020 IDA-62080 Int Charges 104,945.75
Feb 15, 2020 IDA-62080 Int Charges 104,945.75
Feb 15, 2019 IDA-62080 Int Charges 878.75
Feb 15, 2019 IDA-62080 Int Charges 878.75
Aug 15, 2018 IDA-62080 Int Charges 43,933.84
Aug 15, 2018 IDA-62080 Int Charges 43,933.84
Jun 1, 2018 IDA-62080 Loan Disb 29,202,766.00
Feb 15, 2019 IDA-62080 Int Charges 105,648.23
Feb 15, 2019 IDA-62080 Int Charges 105,648.23
Aug 15, 2021 IDA-62080 Int Charges 215.50
Aug 15, 2021 IDA-62080 Int Charges 215.50
Aug 15, 2021 IDA-62080 Int Charges 109,722.04
Aug 15, 2021 IDA-62080 Int Charges 109,722.04
Aug 15, 2020 IDA-62080 Int Charges 105,273.96
Feb 15, 2023 IDA-62080 Int Charges 101,919.39
Feb 15, 2023 IDA-62080 Int Charges 101,919.39
Feb 15, 2023 IDA-62080 Int Charges 885.68
Feb 15, 2023 IDA-62080 Int Charges 885.68
Aug 15, 2023 IDA-62080 Int Charges 505.63
Aug 15, 2023 IDA-62080 Int Charges 505.63
Aug 15, 2023 IDA-62080 Int Charges 102,924.04
Aug 15, 2023 IDA-62080 Int Charges 102,924.04
Aug 15, 2022 IDA-62080 Int Charges 313.09
Aug 15, 2022 IDA-62080 Int Charges 313.09
Aug 15, 2022 IDA-62080 Int Charges 102,000.13
Aug 15, 2022 IDA-62080 Int Charges 102,000.13
Feb 15, 2022 IDA-62080 Int Charges 106,426.03
Feb 15, 2022 IDA-62080 Int Charges 106,426.03
Feb 15, 2022 IDA-62080 Int Charges 1,456.69
Feb 15, 2022 IDA-62080 Int Charges 1,456.69
Mar 30, 2018 IDA-62080 Loan Commitment 30,000,000.00
Feb 15, 2024 IDA-62080 Int Charges 102,010.85
Feb 15, 2024 IDA-62080 Int Charges 102,010.85
Feb 15, 2024 IDA-62080 Int Charges 176.99
Feb 15, 2024 IDA-62080 Int Charges 176.99
Aug 15, 2024 IDA-62080 Int Charges 1,388.19
Aug 15, 2024 IDA-62080 Int Charges 1,388.19
Aug 15, 2024 IDA-62080 Int Charges 100,397.94
Aug 15, 2019 IDA-62080 Int Charges 580.40

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-15-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityModestN/a
M&e QualityN/a

Results Framework

No data available.