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Fiscal Sustainability and Energy Development Policy Operation

Abstract*

The development objective of Fiscal Sustainability and Energy Development Policy Financing (DPF) Project for Madagascar are to: (i) strengthen the quality and transparency of fiscal decision-making; and (ii) improve the governance of the electricity sector. The first development objective of this operation contributes to ensuring the implementation of the planned investments in a fiscally sustainable manner, considering liabilities that are recorded...

* 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

The program development objectives of this standalone operation are to: (i) strengthen the quality and transparency of fiscal decision-making; and (ii) improve the governance of the electricity sector

Key Details

Project Details

  • P166752

  • Closed

  • Natasha Sharma , Jan Kappen, Faniry Razafimanantsoa Harivelo

  • Republic of Madagascar

  • Madagascar

  • May 28, 2018

  • (as of board presentation)

    April 30, 2019

  • July 2, 2019

  • US$ 100.00 million

  • N/A

  • Not Applicable

  • December 31, 2020

  • BANK APPROVED

  • August 22, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 100.00
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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$)
Jul 25, 2019 IDA-D4540 Loan Disb 98,720,648.00
Apr 30, 2019 IDA-D4540 Loan Commitment 100,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-17-2021
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.