| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 139.25 |
North Macedonia Public Finance and Competitiveness DPL
Abstract*
The Public Finance and Competitiveness Development Policy Loan (DPL) supports North Macedonia’s efforts to strengthen the sustainability of public finances, improve market competition, and reduce the regulatory burden on businesses. After a period of political stalemate, the government in office since May 2017 embarked on an ambitious reform program to safeguard macroeconomic stability, improve citizens well-being, strengthen competitiveness, and... Show More
Development Objective
The proposed DPL supports reforms to strengthen public finances, improve market competition, and reduce the regulatory burden in North Macedonia.
Key Details
Project Details
P171851
Closed
Sanja Madzarevic-Sujster , Natasha Rovo
Ministry of Finance
August 12, 2019
(as of board presentation)
September 19, 2019
October 21, 2019
US$ 0.00 million
Ministry of Finance,Ministry of Labor and Social Policy
2020
US$ 139.25 million
N/A
Not Applicable
May 31, 2020
BANK APPROVED
May 31, 2021
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 139.25 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 139.25 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 19, 2019 | IBRD-90100 | Loan Commitment | 139,250,000.00 |
| Nov 15, 2022 | IBRD-90100 | Int Charges | 192,911.22 |
| May 15, 2023 | IBRD-90100 | Int Charges | 1,907,652.40 |
| Nov 15, 2023 | IBRD-90100 | Int Charges | 2,867,114.80 |
| Nov 15, 2023 | IBRD-90100 | Loan Repay | 8,489,062.00 |
| May 15, 2024 | IBRD-90100 | Int Charges | 2,943,681.20 |
| Nov 15, 2020 | IBRD-90100 | Int Charges | 271,814.00 |
| May 15, 2020 | IBRD-90100 | Int Charges | 8,419.22 |
| May 15, 2020 | IBRD-90100 | Int Charges | 109,296.05 |
| Oct 21, 2019 | IBRD-90100 | Loan Disb | 348,828.12 |
| Oct 21, 2019 | IBRD-90100 | Fee Charges | 348,828.12 |
| Oct 30, 2019 | IBRD-90100 | Loan Disb | 138,671,200.00 |
| May 15, 2024 | IBRD-90100 | Loan Repay | 8,457,031.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 05-28-2021 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 01-19-2022 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | Not Rated | N/a |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | N/a |
Results Framework
No data available.