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MUN SERVICES DEVT

Abstract*

The Municipal Services Development Project aims to support the extensive decentralization and intergovernmental fiscal reforms already instituted by the government by providing access to investment financing and technical assistance needed for rehabilitation and improved management of municipal services. The project has the following specific objectives: 1) improve efficiency and quality of public transport services in Riga, improve the financial...

* 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

OBJECTIVE IS TO STRENGTHEN LOCAL GOVERNMENTS AND SUPPORT DEVELOPMENTOF MUNICIPAL SERVICES IN CONTEXT OF DECENTRALIZATION AND INTERGOVERN-MENTAL FISCAL REFORMS. COMPONENTS ARE INVESTMENT FINANCING FORPRIORITY INVESTMENTS IN MUNICIPAL SERVICES AND TECHNICAL ASSISTANCE TOMUNICIPALITIES AND KEY MINISTRIES.

Key Details

Project Details

  • P034584

  • Closed

  • Jeffrey Balkind

  • N/A

  • Latvia

  • October 31, 1994

  • (as of board presentation)

    December 14, 1995

  • May 28, 1996

  • US$ 38.30 million

  • B

  • Not Applicable

  • June 30, 2002

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
EC: PHARE 2.60
SWEDEN: Swedish Intl. Dev. Cooperation Agency (SIDA) 3.00
DENMARK, Govt. of 2.20
FINLAND, Govt. of (Except for Min. for Foreign Affairs) 1.20
International Bank for Reconstruction and Development 27.30
Bilateral Agencies (unidentified) 2.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 27.30
IDA Commitment N/A
IBRD + IDA Commitment 27.30
Lending Instrument
Grant Amount 11.00
Total Project Cost** 45.40

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 14, 1995 IBRD-39640 Loan Commitment 27,300,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 04-22-2003PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.