Poverty Reduction Support Credit I

Abstract*

A series of three single tranche Poverty Reduction Support Credits (PRSCs), that will be provided in the form of budget support, is envisaged to support implementation of the Poverty Reduction Strategy Paper (PRSP). PRSC 1 will support the strategic axes of good governance (public expenditure management and anti-corruption), and promoting human development through improved service delivery in education and nutrition. In addition, strengthening monitoring... Show More

Development Objective

The PRSC supports the implementation of Madagascar's Poverty Reduction Strategy Paper (PRSP). PRSC1 supports the implementation of the strategic axes of (i) governance; and (iii) human development. On governance, the PRSC 1 will assist the Government in strengthening its public financial management systems to improve the forumulation and execution of the budget, and to strengthen accountability. Fighting corruption, improving the functioning of customs and justice are part of these reforms. On human development, PRSC 1 supports the implementation of the Government?s Education for All Agenda and policy and institutional reform service delivery in the nutrition sector. Key policy measures in education are aimed at increasing access to, and quality of, primary education.

Key Details

Project Details

Project ID
P070999
Status
Closed
Team Leader
Benu Bidani
Borrower 2
N/A

Country
Madagascar
Disclosure Date
June 2, 2004
Approval Date
(as of board presentation)
July 20, 2004
Effective Date
August 12, 2004

Total Project Cost 1
US$ 125.00 million
Implementing Agency
N/A
Region
Eastern and Southern Africa
Fiscal Year 3
2005

Commitment Amount
US$ 125.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2005

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Associated Projects
P083326

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 - Environment and Natural Resource Management

FY17 - Environmental policies and institutions14%

FY17 - Human Development and Gender

FY17 - Education30%
- FY17 - Access to Education15%
- FY17 - Education Financing15%
FY17 - Health Systems and Policies14%
- FY17 - Health System Strengthening14%

FY17 - Public Sector Management

FY17 - Public Administration15%
- FY17 - Transparency, Accountability and Good Governance15%
FY17 - Public Finance Management15%
- FY17 - Public Expenditure Management15%

FY17 - Urban and Rural Development

FY17 - Rural Development14%
- FY17 - Rural Infrastructure and service delivery14%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	37.00
IDA GRANT FOR POOREST COUNTRY	88.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	125.00
IBRD + IDA Commitment	125.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	125.00

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jul 20, 2004	IDA-39600	Loan Commitment	37,000,000.00
Jul 15, 2024	IDA-39600	Int Charges	89.38
Jul 15, 2024	IDA-39600	Int Charges	89.38
Jul 17, 2024	IDA-39600	Int Charges	1,233.78
Jul 17, 2024	IDA-39600	Int Charges	1,233.78
Jul 17, 2024	IDA-39600	Loan Repay	101,779.17
Jul 15, 2024	IDA-39600	Loan Repay	234,160.81
Jul 15, 2024	IDA-39600	Int Charges	100,549.78
Jul 15, 2024	IDA-39600	Int Charges	100,549.78
Jan 29, 2024	IDA-39600	Loan Repay	233,384.83
Jan 25, 2024	IDA-39600	Int Charges	3,598.00
Jan 25, 2024	IDA-39600	Int Charges	3,598.00
Jan 25, 2024	IDA-39600	Loan Repay	103,177.95
Jul 19, 2022	IDA-39600	Int Charges	98,988.16
Jul 19, 2022	IDA-39600	Int Charges	98,988.16
Jul 15, 2022	IDA-39600	Loan Repay	2,085.82
Jan 23, 2023	IDA-39600	Loan Repay	236,678.98
Jan 23, 2023	IDA-39600	Int Charges	96,261.41
Jan 23, 2023	IDA-39600	Int Charges	96,261.41
Feb 1, 2022	IDA-39600	Int Charges	0.07
Feb 1, 2022	IDA-39600	Int Charges	0.07
Feb 1, 2022	IDA-39600	Loan Repay	348,749.03
Feb 1, 2022	IDA-39600	Int Charges	6,698.19
Feb 1, 2022	IDA-39600	Int Charges	6,698.19
Feb 2, 2022	IDA-39600	Int Charges	107,576.07
Feb 2, 2022	IDA-39600	Int Charges	107,576.07
Jul 15, 2022	IDA-39600	Loan Repay	329,169.62
Jul 15, 2022	IDA-39600	Int Charges	108.87
Jul 15, 2022	IDA-39600	Int Charges	108.87
Jul 15, 2022	IDA-39600	Int Charges	7,406.33
Jul 15, 2022	IDA-39600	Int Charges	7,406.33
Jan 29, 2024	IDA-39600	Int Charges	8.67
Jan 29, 2024	IDA-39600	Int Charges	8.67
Jan 29, 2024	IDA-39600	Int Charges	102,173.06
Jan 29, 2024	IDA-39600	Int Charges	102,173.06
Jul 15, 2023	IDA-39600	Int Charges	45.76
Jul 15, 2023	IDA-39600	Int Charges	45.76
Jul 15, 2023	IDA-39600	Loan Repay	236,641.25
Jul 15, 2023	IDA-39600	Int Charges	103,005.96
Jul 15, 2023	IDA-39600	Int Charges	103,005.96
Jan 15, 2020	IDA-39600	Loan Repay	14.66
Jan 15, 2020	IDA-39600	Loan Repay	117,356.08
Jan 28, 2020	IDA-39600	Int Charges	116,664.60
Jan 28, 2020	IDA-39600	Int Charges	116,664.60
Jan 28, 2020	IDA-39600	Loan Repay	231,081.69
Jan 28, 2020	IDA-39600	Int Charges	4.77
Jan 28, 2020	IDA-39600	Int Charges	4.77
Jan 27, 2021	IDA-39600	Loan Repay	245,987.52
Jan 27, 2021	IDA-39600	Int Charges	7.59
Jan 27, 2021	IDA-39600	Int Charges	7.59
Jan 27, 2021	IDA-39600	Int Charges	113,219.38
Jan 27, 2021	IDA-39600	Int Charges	113,219.38
Jul 16, 2020	IDA-39600	Int Charges	107,689.55
Jul 16, 2020	IDA-39600	Int Charges	107,689.55
Jul 16, 2020	IDA-39600	Int Charges	764.45
Jul 16, 2020	IDA-39600	Int Charges	764.45
Jul 16, 2020	IDA-39600	Loan Repay	114,831.64
Jul 16, 2020	IDA-39600	Loan Repay	236,172.97
Jul 16, 2020	IDA-39600	Int Charges	63.14
Jul 16, 2020	IDA-39600	Int Charges	63.14
Jul 15, 2021	IDA-39600	Int Charges	6,970.85
Jul 15, 2021	IDA-39600	Int Charges	6,970.85
Jul 15, 2021	IDA-39600	Loan Repay	357,020.25
Jul 16, 2021	IDA-39600	Loan Repay	3,393.94
Jul 16, 2021	IDA-39600	Int Charges	117,428.92
Jul 16, 2021	IDA-39600	Int Charges	117,428.92
Jul 16, 2021	IDA-39600	Int Charges	70.48
Jul 16, 2021	IDA-39600	Int Charges	70.48
Jan 19, 2021	IDA-39600	Int Charges	9,816.35
Jan 19, 2021	IDA-39600	Int Charges	9,816.35
Jan 19, 2021	IDA-39600	Loan Repay	118,411.36
Jan 15, 2022	IDA-39600	Loan Repay	4,969.93
Jan 15, 2018	IDA-39600	Int Charges	37.30
Jan 15, 2018	IDA-39600	Int Charges	120,825.68
Jan 15, 2018	IDA-39600	Int Charges	120,825.68
Jan 15, 2018	IDA-39600	Int Charges	8,650.00
Jan 15, 2018	IDA-39600	Int Charges	8,650.00
Jan 15, 2018	IDA-39600	Loan Repay	362,536.34
Jan 15, 2018	IDA-39600	Int Charges	37.30
Jul 19, 2023	IDA-39600	Int Charges	11,339.84
Jul 19, 2023	IDA-39600	Int Charges	11,339.84
Jul 19, 2023	IDA-39600	Loan Repay	105,711.55
Jan 15, 2023	IDA-39600	Loan Repay	0.01
Jan 15, 2023	IDA-39600	Int Charges	-0.01
Jan 15, 2023	IDA-39600	Int Charges	-0.01
Jan 15, 2023	IDA-39600	Loan Repay	6,354.91
Jan 18, 2023	IDA-39600	Loan Repay	98,521.32
Jul 20, 2004	IDA-H1160	Loan Commitment	88,000,000.00
Jan 15, 2019	IDA-39600	Loan Repay	9,839.53
Jan 15, 2019	IDA-39600	Loan Repay	110,781.38
Jan 15, 2019	IDA-39600	Loan Repay	232,395.05
Jan 15, 2019	IDA-39600	Int Charges	22.06
Jan 15, 2019	IDA-39600	Int Charges	22.06
Jan 15, 2019	IDA-39600	Int Charges	117,145.40
Jan 15, 2019	IDA-39600	Int Charges	117,145.40
Jul 18, 2018	IDA-39600	Int Charges	6,807.12
Jul 18, 2018	IDA-39600	Int Charges	6,807.12
Jul 18, 2018	IDA-39600	Loan Repay	126,155.42
Jul 18, 2018	IDA-39600	Loan Repay	227,991.45
Jul 18, 2018	IDA-39600	Int Charges	123,508.68
Jul 18, 2018	IDA-39600	Int Charges	123,508.68
Jul 15, 2019	IDA-39600	Loan Repay	119,337.13
Jul 16, 2019	IDA-39600	Loan Repay	230,448.25
Jul 15, 2019	IDA-39600	Int Charges	4,609.88
Jul 15, 2019	IDA-39600	Int Charges	4,609.88
Jul 16, 2019	IDA-39600	Int Charges	119,266.58
Jul 16, 2019	IDA-39600	Int Charges	119,266.58
Jul 17, 2015	IDA-39600	Loan Repay	339,258.84
Jul 17, 2015	IDA-39600	Int Charges	130,651.37
Jul 17, 2015	IDA-39600	Int Charges	130,651.37
Jul 15, 2016	IDA-39600	Loan Repay	1,141.52
Jul 20, 2016	IDA-39600	Loan Repay	349,399.38
Jul 20, 2016	IDA-39600	Int Charges	28.49
Jul 20, 2016	IDA-39600	Int Charges	28.49
Jul 20, 2016	IDA-39600	Int Charges	127,506.71
Jul 20, 2016	IDA-39600	Int Charges	127,506.71
Jan 15, 2017	IDA-39600	Int Charges	35.50
Jan 15, 2017	IDA-39600	Int Charges	123,071.85
Jan 15, 2017	IDA-39600	Int Charges	123,071.85
Jul 20, 2017	IDA-39600	Loan Repay	348,673.72
Jul 20, 2017	IDA-39600	Int Charges	117,307.12
Jul 20, 2017	IDA-39600	Int Charges	117,307.12
Jul 15, 2017	IDA-39600	Loan Repay	4,232.49
Jan 15, 2017	IDA-39600	Loan Repay	8,778.08
Jan 15, 2017	IDA-39600	Loan Repay	333,088.16
Jan 15, 2017	IDA-39600	Int Charges	35.50
Jul 15, 2013	IDA-39600	Int Charges	1,356.79
Jul 15, 2013	IDA-39600	Int Charges	1,356.79
Jul 15, 2013	IDA-39600	Int Charges	141,389.27
Jul 15, 2013	IDA-39600	Int Charges	141,389.27
Jan 15, 2014	IDA-39600	Int Charges	833.42
Jan 15, 2014	IDA-39600	Int Charges	833.42
Jan 15, 2014	IDA-39600	Int Charges	144,954.10
Jan 15, 2014	IDA-39600	Int Charges	144,954.10
Jul 15, 2014	IDA-39600	Int Charges	622.63
Jul 15, 2014	IDA-39600	Int Charges	622.63
Jul 15, 2014	IDA-39600	Int Charges	146,329.36
Jul 15, 2014	IDA-39600	Int Charges	146,329.36
Jan 15, 2015	IDA-39600	Int Charges	239.44
Jan 15, 2015	IDA-39600	Int Charges	239.44
Jan 15, 2015	IDA-39600	Loan Repay	361,167.62
Jan 15, 2015	IDA-39600	Int Charges	135,437.86
Jan 15, 2015	IDA-39600	Int Charges	135,437.86
Jan 19, 2016	IDA-39600	Loan Repay	340,736.28
Jan 19, 2016	IDA-39600	Int Charges	14.04
Jan 19, 2016	IDA-39600	Int Charges	14.04
Jan 19, 2016	IDA-39600	Int Charges	128,376.82
Jan 19, 2016	IDA-39600	Int Charges	128,376.82
Jan 15, 2016	IDA-39600	Loan Repay	8,605.94
Jul 15, 2015	IDA-39600	Loan Repay	12,724.44

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Moderately Satisfactory	2005-06-30
Progress towards achievement of PDO	Satisfactory	2005-06-30
Monitoring and Evaluation	Moderately Satisfactory	2005-06-30
Overall Implementation Progress (IP)	Satisfactory	2005-06-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-04-2008
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Not Applicable
Implementing Agency	Not Applicable

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 04-10-2006	PROJECT PERFORMANCE ASSESSMENT REPORT: 05-09-2008
Outcome Rating	Moderately Satisfactory	Moderately Unsatisfactory
Risk To Development Outcome	Not Rated	Moderate
Bank Performance	Satisfactory	Moderately Satisfactory
Borrower Performance	Satisfactory	Moderately Satisfactory
Government Performance	Not Rated	Satisfactory
Implementing Agency	Satisfactory	Moderately Satisfactory
Icr Quality	Satisfactory	Unsatisfactory
M&e Quality	Not Rated	Modest

Results Framework