Local Government Finance & Development Project (LOGOFIND)

Abstract*

The Local Government Finance and Development Project for the Philippines assists participating local government units (LGUs) in expanding and upgrading their basic infrastructure, services, and facilities and in strengthening their capacities in municipal governance, investment planning, revenue generation, and project development and implementation. It also enhances capabilities at the national level to provide technical support and long-term financing... Show More

Development Objective

The main objective is to assist participating LGUs in expanding and upgrading their basic infrastructure, services and facilities and in strengthening their capacities in municipal governance, investment planning, revenue-generation, and project development and implementation. It would also enhance capabilities at the national level to provide technical support and long-term financing to local governments through the Municipal Development Fund (MDF).

Key Details

Project Details

Project ID
P048588
Status
Closed
Team Leader
Christopher Pablo
Borrower 2
N/A

Country
Philippines
Disclosure Date
March 24, 1997
Approval Date
(as of board presentation)
March 23, 1999
Effective Date
February 28, 2000

Total Project Cost 1
US$ 89.30 million
Implementing Agency
N/A
Region
East Asia and Pacific
Fiscal Year 3
1999

Commitment Amount
US$ 60.00 million
Environmental Category
B
Last Update Date
January 15, 2013
Closing Date
December 31, 2008

Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Public Sector Management

FY17 - Public Administration50%
- FY17 - Administrative and Civil Service Reform15%
- FY17 - Municipal Institution Building35%

FY17 - Urban and Rural Development

FY17 - Urban Development50%
- FY17 - Municipal Finance50%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	60.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	60.00
IDA Commitment	N/A
IBRD + IDA Commitment	60.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	89.30

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 15, 2013	IBRD-44460	Loan Repay	2,074,798.90
Nov 15, 2018	IBRD-44460	Loan Repay	2,740,276.50
Nov 15, 2014	IBRD-44460	Loan Repay	2,193,945.50
May 15, 2019	IBRD-44460	Int Charges	47,480.86
May 15, 2019	IBRD-44460	Loan Repay	2,827,457.00
Nov 15, 2017	IBRD-44460	Int Charges	104,011.65
Nov 15, 2017	IBRD-44460	Loan Repay	2,592,069.80
May 15, 2018	IBRD-44460	Int Charges	85,679.26
May 15, 2018	IBRD-44460	Loan Repay	2,664,720.20
May 15, 2017	IBRD-44460	Int Charges	111,394.29
May 15, 2017	IBRD-44460	Loan Repay	2,522,325.20
May 15, 2016	IBRD-44460	Int Charges	86,420.00
May 15, 2016	IBRD-44460	Loan Repay	2,385,742.50
Nov 15, 2016	IBRD-44460	Loan Repay	2,452,581.00
Nov 15, 2016	IBRD-44460	Int Charges	102,555.84
Nov 15, 2015	IBRD-44460	Loan Repay	2,318,904.20
Nov 15, 2015	IBRD-44460	Int Charges	76,502.99
May 15, 2014	IBRD-44460	Int Charges	84,432.82
May 15, 2014	IBRD-44460	Loan Repay	2,132,919.20
May 15, 2015	IBRD-44460	Int Charges	70,945.00
May 15, 2015	IBRD-44460	Loan Repay	2,254,971.80
Nov 15, 2013	IBRD-44460	Int Charges	101,349.68
Mar 23, 1999	IBRD-44460	Loan Commitment	100,000,000.00
Nov 15, 2018	IBRD-44460	Int Charges	84,802.75
Nov 15, 2014	IBRD-44460	Int Charges	73,971.74

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Satisfactory	2009-04-29
Procurement	Satisfactory	2009-04-29
Financial Management	Moderately Satisfactory	2009-04-29
Monitoring and Evaluation	Satisfactory	2009-04-29
Counterpart Funding	Moderately Satisfactory	2009-04-29
Project Management	Moderately Satisfactory	2009-04-29
Overall Safeguards Rating	Satisfactory	2009-04-29
Overall Implementation Progress (IP)	Satisfactory	2009-04-29

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2009
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 03-07-2011	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance	Moderately Unsatisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Moderately Unsatisfactory	N/a
Icr Quality	Unsatisfactory	N/a
M&e Quality	Negligible	N/a

Results Framework