Skip to Main Navigation

IND FIN RESTRUCT

Abstract*

The project's principal objective is to assist the Government in undertaking a substantial adjustment of its industrial sector in view of a gradual integration with the European Community (EC). The project consists of: (a) support for setting up a framework of policies and programs for restructuring the industrial sector, including dispositions concerning environmental considerations; (b) the introduction of a strengthened regulatory and supervisory...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Show More

Development Objective

ASSIST GOVT. IN UNDERTAKING STRUCTURAL ADJUSTMENT OF IND.SECTOR ININ VIEW OF GRADUAL INTEGRATION WITH EEC. PROJECT WOULD COMPRISE 1)FRAMEWORK OF POLICIES FOR IND. SECTOR, COVERING ENVIRON. CONSIDERATION2) STRENGTHEN REGULATOR/SUPERVISORY FRAMEWORK FOR FIN. INSTIT. 3) PRO-GRAM TO INCREASE CBD AUTONOMY. 4) IND. RESTRUCTURING CREDIT LINE

Key Details

Project Details

  • P008373

  • Closed

  • S. Brajovic-Bratanovic

  • N/A

  • Cyprus

  • April 25, 1991

  • (as of board presentation)

    April 25, 1991

  • February 21, 1992

  • US$ 30.00 million

  • B

  • January 15, 2013

  • June 30, 1999

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 30.00
IDA Commitment N/A
IBRD + IDA Commitment 30.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 42.80

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

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

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Apr 25, 1991 IBRD-33200 Loan Commitment 30,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-23-2000PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceHighly UnsatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.