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Commodities Market Development Project

Abstract*

The Commodities Market Development Project seeks to a) increase the marketing efficiency of grains and cotton through selected commodities exchanges; b) demonstrate the benefits resulting from increased private commodity marketing; and c) provide a model for development of other private exchanges, and impetus for governments to withdraw its intervention in the marketing of other commodities. The project consists of three components. First, modernization...

* 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

SUPPORT (A) MODERNIZATION INVESTMENTS OF SELECTED COMMODITIESEXCHANGES; (B) INSTITUTIONAL DEVELOMENT CONSISTING OF NEW TRADINGSTANDARDS FOR WHEAT AND COTTON, WAREHOUSE RECEPTS AND REGULATORYOVERSIGHT; AND (C) PROJECT IMPACT EVALUATION ACTIVITIES.

Key Details

Project Details

  • P048851

  • Closed

  • Mark R. Lundell

  • N/A

  • Turkiye

  • January 29, 1998

  • (as of board presentation)

    July 16, 1998

  • February 26, 1999

  • US$ 4.00 million

  • B

  • Not Applicable

  • March 31, 2003

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 4.00
Local Govts. (Prov., District, City) of Borrowing Country 1.70

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 4.00
IDA Commitment N/A
IBRD + IDA Commitment 4.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 5.70

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 15, 2013 IBRD-43760 Loan Repay 9,287.11
Sep 15, 2013 IBRD-43760 Loan Repay 10,488.77
Sep 15, 2013 IBRD-43760 Loan Repay 21,262.32
Sep 15, 2013 IBRD-43760 Int Charges 845.40
Sep 15, 2013 IBRD-43760 Int Charges 2,455.86
Sep 15, 2013 IBRD-43760 Int Charges 629.70
Mar 15, 2014 IBRD-43760 Int Charges 1,964.73
Mar 15, 2014 IBRD-43760 Loan Repay 31,466.36
Mar 15, 2014 IBRD-43760 Loan Repay 85,052.41
Mar 15, 2014 IBRD-43760 Loan Repay 18,575.61
Mar 15, 2014 IBRD-43760 Int Charges 419.82
Mar 15, 2014 IBRD-43760 Int Charges 634.08
Jul 16, 1998 IBRD-43760 Loan Commitment 4,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-15-2004PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceUnsatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualityExemplaryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.