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RAILWAY REHAB

Abstract*

The Railway Rehabilitation Project will support and deepen the restructuring process which the Railways and Government have initiated. The project supports a set of policy measures that will be embodied in new railway law, the Restructuring Action Plan and a Contract Plan with the Government. The project will finance necessary investments which will be in line with the restructuring concept and will help the railway through the restructuring process...

* 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 MAIN OBJECTIVE WOULD BE TO HELP RESTRUCTURE THE RAILWAYS, ANDREDUCE THE FINANCIAL BURDEN THEY POSE TO THE GOVERNMENT.

Key Details

Project Details

  • P008315

  • Closed

  • Jean-Charles Crochet

  • N/A

  • Bulgaria

  • April 6, 1995

  • (as of board presentation)

    July 6, 1995

  • March 1, 1996

  • US$ 171.50 million

  • B

  • Not Applicable

  • June 30, 2002

  • BANK APPROVED

  • March 11, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
EC: PHARE 20.00
European Bank for Reconstruction and Development 56.50
International Bank for Reconstruction and Development 95.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 95.00
IDA Commitment N/A
IBRD + IDA Commitment 95.00
Lending Instrument
Grant Amount 76.50
Total Project Cost** 300.50

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

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 15, 2013 IBRD-3922A Loan Repay 1,733,907.10
Jul 6, 1995 IBRD-3922A Loan Commitment 43,067,032.00
Jul 6, 1995 IBRD-39220 Loan Commitment 0.00
Dec 23, 2014 IBRD-3922S Loan Repay 392,169.12
Dec 15, 2014 IBRD-3922A Int Charges 43.77
Dec 15, 2014 IBRD-3922A Int Charges 8,879.43
Dec 15, 2014 IBRD-3922A Loan Repay 1,683,047.80
Dec 15, 2014 IBRD-3922S Int Charges 14,033.98
Jun 15, 2014 IBRD-3922A Int Charges 15,025.51
Jun 15, 2014 IBRD-3922A Loan Repay 1,350,649.20
Jun 15, 2014 IBRD-3922S Int Charges 29.53
Jun 15, 2014 IBRD-3922S Int Charges 24,769.22
Jun 15, 2014 IBRD-3922S Loan Repay 3,017,788.20
Jun 23, 2014 IBRD-3922A Loan Repay 422,222.16
Dec 20, 2013 IBRD-3922S Loan Repay 410,174.10
Dec 15, 2013 IBRD-3922A Int Charges 32.34
Dec 15, 2013 IBRD-3922A Int Charges 15,981.39
Jul 6, 1995 IBRD-3922S Loan Commitment 51,932,968.00
Dec 15, 2013 IBRD-3922S Int Charges 0.01
Dec 15, 2013 IBRD-3922S Loan Repay 0.01
Dec 15, 2013 IBRD-3922S Int Charges 58,057.66
Dec 15, 2013 IBRD-3922S Loan Repay 2,541,296.80
Dec 22, 2015 IBRD-3922A Int Charges 25.83
Dec 15, 2015 IBRD-3922S Loan Repay 0.01
Jun 29, 2015 IBRD-3922A Loan Repay 204,499.52
Jun 15, 2015 IBRD-3922A Int Charges 3,100.59
Jun 15, 2015 IBRD-3922A Loan Repay 1,366,350.10
Jun 15, 2015 IBRD-3922S Loan Repay 2,676,266.20
Jun 15, 2015 IBRD-3922S Int Charges 0.01
Jun 15, 2015 IBRD-3922S Int Charges 41.00
Jun 15, 2015 IBRD-3922S Int Charges 6,939.22
Dec 15, 2014 IBRD-3922S Loan Repay 2,468,356.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT:
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 07-14-2003PROJECT PERFORMANCE ASSESSMENT REPORT: 05-31-2005
Outcome RatingModerately Satisfactory Moderately Satisfactory
Risk To Development OutcomeNot RatedNot Rated
Bank PerformanceSatisfactorySatisfactory
Borrower PerformanceSatisfactorySatisfactory
Government PerformanceSatisfactorySatisfactory
Implementing AgencySatisfactoryNot Rated
Icr QualitySatisfactoryNot Rated
M&e QualityNot RatedNot Rated

Results Framework

No data available.