1. What We Do

WELFARE REFORM

Abstract*

The objective of the Welfare Reform Project is to support the development of a more efficient and effective social welfare system. The project components are five in number: (1) improving the Social Insurance Department's implementation of social insurance policy, and the State Social Insurance Fund's budget management and administration; (2) supporting safe, supervised privately-managed retirement plans for the Latvian public; (3) improving the Social...

* 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

PROJECT WILL SUPPORT THE IMPLEMENTATION OF THE GOVERNMENT'S WELFAREREFORM PROGRAM. ITEMS TO BE FINANCED INCLUDE EQUIPMENT, CIVIL WORKS,AND FOREIGN AND LOCAL TECHNICAL ASSISTANCE AND TRAINING.

Key Details

Project Details

  • P035807

  • Closed

  • Inguna Dobraja

  • N/A

  • Latvia

  • November 7, 1995

  • (as of board presentation)

    May 6, 1997

  • January 13, 1998

  • US$ 22.00 million

  • C

  • Not Applicable

  • December 31, 2003

  • BANK APPROVED

  • July 10, 2014

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Insurance and PensionFY17 - Social ProtectionFY17 - Public Administration -Social ProtectionFY17 - Public Administration - Social Protection

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
UK: United Kingdom Know-How Fund 0.30
NETHERLANDS, Govt. of THE (Except for MOFA/Min of Dev. Coop 0.30
SWEDEN, Govt. of 3.30
International Bank for Reconstruction and Development 18.10

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 18.10
IDA Commitment N/A
IBRD + IDA Commitment 18.10
Lending Instrument
Grant Amount 3.90
Total Project Cost** 38.60

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$)
May 6, 1997 IBRD-41540 Loan Commitment 18,100,000.00
Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-24-2004PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceHighly SatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.