Social & Economic Recovery Project

Abstract*

The development objective of the Social and Economic Recovery Project in Croatia, is to support the economic and social revitalization of disadvantaged, and war-affected areas, as a way to increase social cohesion. The project components are: 1) The Community Investment Program, which will fund works, goods, and services for demand-driven subprojects in Croatia's Areas of Special State Concern. Three general types of subprojects are envisaged in the... Show More

Development Objective

Project Development Objective has not been revised.

Key Details

Project Details

Project ID
P076730
Status
Closed
Team Leader
Vera Dugandzic
Borrower 2
N/A

Country
Croatia
Disclosure Date
July 26, 2002
Approval Date
(as of board presentation)
March 29, 2005
Effective Date
September 30, 2005

Total Project Cost 1
US$ 78.30 million
Implementing Agency
N/A
Region
Europe and Central Asia
Fiscal Year 3
2005

Commitment Amount
US$ 45.68 million
Environmental Category
F
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2010

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

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 - Finance

FY17 - Financial Infrastructure and Access7%
- FY17 - MSME Finance7%

FY17 - Private Sector Development

FY17 - Enterprise Development7%
- FY17 - MSME Development7%
FY17 - Regional Integration14%

FY17 - Social Development and Protection

FY17 - Fragility, Conflict and Violence30%
- FY17 - Conflict Prevention15%
- FY17 - Post-conflict reconstruction15%
FY17 - Social Inclusion14%
- FY17 - Participation and Civic Engagement14%

FY17 - Urban and Rural Development

FY17 - Rural Development28%
- FY17 - Rural Non-farm Income Generation28%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	32.62
International Bank for Reconstruction and Development	45.68

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	45.68
IDA Commitment	N/A
IBRD + IDA Commitment	45.68

Lending Instrument
Grant Amount	N/A
Total Project Cost**	78.30

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$)
Nov 15, 2014	IBRD-72830	Int Charges	78,279.88
Mar 29, 2005	IBRD-72830	Loan Commitment	45,680,000.00
Nov 15, 2013	IBRD-72830	Int Charges	70,289.66
Nov 15, 2013	IBRD-72830	Loan Repay	2,350,726.80
May 15, 2014	IBRD-72830	Int Charges	73,459.32
May 15, 2014	IBRD-72830	Loan Repay	2,387,259.00
May 15, 2015	IBRD-72830	Int Charges	39,934.38
May 15, 2015	IBRD-72830	Loan Repay	1,985,580.60
Nov 15, 2015	IBRD-72830	Int Charges	26,027.63
Nov 15, 2015	IBRD-72830	Loan Repay	1,885,947.80
May 15, 2017	IBRD-72830	Int Charges	2,313.86
Nov 15, 2016	IBRD-72830	Int Charges	6,059.72
Nov 15, 2016	IBRD-72830	Loan Repay	1,881,752.60
May 15, 2016	IBRD-72830	Int Charges	18,448.80
May 15, 2016	IBRD-72830	Loan Repay	1,983,133.50
May 15, 2017	IBRD-72830	Loan Repay	1,917,410.80
Nov 15, 2017	IBRD-72830	Loan Repay	2,070,793.10
Nov 15, 2018	IBRD-72830	Loan Repay	1,977,540.10
May 15, 2018	IBRD-72830	Loan Repay	2,083,203.50
Nov 15, 2019	IBRD-72830	Loan Repay	1,929,470.00
May 15, 2019	IBRD-72830	Loan Repay	1,957,001.80
Nov 15, 2014	IBRD-72830	Loan Repay	2,175,407.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Counterpart Funding	Satisfactory	2011-03-08
Overall Implementation Progress (IP)	Satisfactory	2011-03-08
Progress towards achievement of PDO	Satisfactory	2011-03-08
Procurement	Satisfactory	2011-03-08
Project Management	Satisfactory	2011-03-08
Financial Management	Satisfactory	2011-03-08
Monitoring and Evaluation	Satisfactory	2011-03-08

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 09-29-2011
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 08-13-2012	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of jobs created through project activities and subprojects Value 0 1341 1000
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment The end target indicator has been surpassed:134 percent

Total additional revenue generated through grant-supported subprojects for SMEs/Coops	Value	0	81.286.112 HRK	100000000 HRK
	Date	March 29, 2005	December 15, 2010	December 31, 2010
	Comment			While the overall end of project revenue target was not met due to the financial crisis, this is about 82% of the target and stilla very substantial achievement under the circumstances.

Number of direct project beneficiaries including inter-ethnic, vulnerable, and war-effected	Value	0	84.000	86000
	Date	March 29, 2005	December 15, 2010	December 31, 2010
	Comment			over 84,000 beneficiaries residing in the areas of special state concern had been reached:98 percent of the target.

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of beneficiaries of social inclusion subprojects Value 0 41.639 45000
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment

Percentage of local stakeholders expressing satisfaction with infrastructure subprojects.	Value	0	100%	95%
	Date	March 29, 2005	December 15, 2010	December 31, 2010
	Comment			67 small infrastructure sub-projects have been completed and satisfaction rate by the beneficiaries is 100 percent.

Number of jobs created through grant-supported subprojects for SMEs/ Coops Value 0 661 500
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment 110% of end target
Number of SME/ Coop grants successfully implemented Value 0 211 240
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment
Average additional revenue generated per SME/Coop Value 0 385.242 HRK 370.000 HRK
Date July 14, 2009 December 15, 2010 December 31, 2010
Comment
Number of small community infrastructure subprojects completed Value 0 67 67
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment
Square meters (m2) of land cleared of landmines Value 0 12.185.445m2) 12000000 (m2)
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment
Percentage of trained government staff using new skills learned through the CSERP Project Value 0 90% 90%
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment

Number of individuals, including civil society members and local self government staff, trained through CSERP supported activities.	Value	0	750	600
	Date	March 29, 2005	December 15, 2010	December 31, 2010
	Comment		No new capacity building activities were carried out in 2010. in July 2010, the requested reallocation of #1.1 million from theInstitutional Development Component to the Community Investment Component was approved.

Number of social inclusion subprojects successfully implememted Value 0 125 120
Date March 29, 2005 December 15, 2010 December 31, 2010
Comment

Number of jobs created through project activities and subprojects	Value	0	1341	1000
	Date	March 29, 2005	December 15, 2010	December 31, 2010
	Comment			The end target indicator has been surpassed:134 percent

Number of beneficiaries of social inclusion subprojects	Value	0	41.639	45000
	Date	March 29, 2005	December 15, 2010	December 31, 2010
	Comment

Average additional revenue generated per SME/Coop	Value	0	385.242 HRK	370.000 HRK
	Date	July 14, 2009	December 15, 2010	December 31, 2010
	Comment

Square meters (m2) of land cleared of landmines	Value	0	12.185.445m2)	12000000 (m2)
	Date	March 29, 2005	December 15, 2010	December 31, 2010
	Comment