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Economic Rehabilitation and Recovery Credit III

Abstract*

The Third Economic Rehabilitation and Recovery Credit (ERRC III) to the Government of Sierra Leone (GOSL) is the third in the series of three starting with the ERRC I in 2000. The ERRC III assists GOSL in moving from the transitional phase of peace building to the medium term phase of Sierra Leone's strategy of poverty reduction, founded on good governance and economic growth. It will provide critical resources to finance activities associated with:...

* 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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Key Details

Project Details

  • P078623

  • Closed

  • Douglas M. Addison

  • N/A

  • Sierra Leone

  • April 25, 2003

  • (as of board presentation)

    May 20, 2003

  • September 16, 2003

  • US$ 30.00 million

  • N/A

  • Not Applicable

  • December 31, 2004

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 30.00
IBRD + IDA Commitment 30.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 30.00

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$)
Mar 2, 2022 IDA-37650 Int Charges 285.62
Sep 1, 2017 IDA-37650 Int Charges 594.30
Sep 1, 2017 IDA-37650 Loan Repay 155,910.70
Sep 1, 2017 IDA-37650 Int Charges 19.47
Sep 1, 2017 IDA-37650 Int Charges 19.47
Mar 1, 2017 IDA-37650 Loan Repay 80.34
Mar 7, 2017 IDA-37650 Loan Repay 148,215.08
Mar 7, 2017 IDA-37650 Int Charges 51,152.75
Mar 7, 2017 IDA-37650 Int Charges 51,152.75
Sep 1, 2019 IDA-37650 Int Charges 49,670.74
Mar 1, 2019 IDA-37650 Loan Repay 776.07
Mar 4, 2019 IDA-37650 Loan Repay 152,375.95
Mar 4, 2019 IDA-37650 Int Charges 50,894.25
Mar 4, 2019 IDA-37650 Int Charges 50,894.25
Sep 1, 2018 IDA-37650 Int Charges 3,761.13
Sep 1, 2018 IDA-37650 Int Charges 3,761.13
Sep 1, 2018 IDA-37650 Loan Repay 154,152.90
Sep 1, 2018 IDA-37650 Int Charges 12.85
Sep 1, 2018 IDA-37650 Int Charges 12.85
Sep 1, 2018 IDA-37650 Int Charges 52,026.60
Sep 1, 2018 IDA-37650 Int Charges 52,026.60
Sep 1, 2020 IDA-37650 Int Charges 1,270.79
Sep 1, 2020 IDA-37650 Int Charges 1,270.79
Sep 1, 2020 IDA-37650 Loan Repay 156,589.40
Sep 1, 2020 IDA-37650 Int Charges 32.00
Sep 1, 2020 IDA-37650 Int Charges 32.00
Sep 1, 2020 IDA-37650 Int Charges 43,697.34
Sep 1, 2020 IDA-37650 Int Charges 43,697.34
Mar 1, 2020 IDA-37650 Loan Repay 2,892.68
Mar 11, 2020 IDA-37650 Loan Repay 150,145.81
Mar 11, 2020 IDA-37650 Int Charges 48,699.11
Mar 11, 2020 IDA-37650 Int Charges 48,699.11
Mar 1, 2015 IDA-37650 Loan Repay 4,533.08
Sep 1, 2014 IDA-37650 Int Charges 1,104.74
Sep 1, 2014 IDA-37650 Int Charges 1,104.74
Sep 1, 2014 IDA-37650 Loan Repay 167,021.80
Sep 1, 2014 IDA-37650 Int Charges 61,380.51
Sep 1, 2014 IDA-37650 Int Charges 61,380.51
Sep 1, 2016 IDA-37650 Loan Repay 160.43
Sep 1, 2016 IDA-37650 Loan Repay 153,335.77
Sep 1, 2016 IDA-37650 Int Charges 3.20
Sep 1, 2016 IDA-37650 Int Charges 3.20
Sep 1, 2016 IDA-37650 Int Charges 54,107.41
Sep 1, 2016 IDA-37650 Int Charges 54,107.41
Mar 2, 2016 IDA-37650 Int Charges 836.03
Mar 2, 2016 IDA-37650 Loan Repay 151,831.90
Mar 2, 2016 IDA-37650 Int Charges 54,090.11
Mar 2, 2016 IDA-37650 Int Charges 54,090.11
Mar 2, 2016 IDA-37650 Int Charges 836.03
Mar 5, 2018 IDA-37650 Int Charges 3,943.81
Mar 5, 2018 IDA-37650 Int Charges 3,943.81
Mar 5, 2018 IDA-37650 Loan Repay 159,503.30
Mar 5, 2018 IDA-37650 Int Charges 50,538.82
Mar 5, 2018 IDA-37650 Int Charges 50,538.82
Sep 1, 2017 IDA-37650 Int Charges 49,934.21
Sep 1, 2017 IDA-37650 Int Charges 49,934.21
Sep 1, 2017 IDA-37650 Int Charges 594.30
Mar 1, 2014 IDA-37650 Int Charges 62,066.09
Mar 1, 2014 IDA-37650 Int Charges 62,066.09
Mar 1, 2014 IDA-37650 Int Charges 2,020.30
Mar 1, 2014 IDA-37650 Int Charges 2,020.30
Mar 1, 2014 IDA-37650 Loan Repay 170,214.00
Sep 1, 2013 IDA-37650 Loan Repay 165,413.19
Sep 1, 2013 IDA-37650 Int Charges 60,526.94
Sep 1, 2013 IDA-37650 Int Charges 60,526.94
Sep 1, 2013 IDA-37650 Loan Repay 1,267.62
Mar 1, 2015 IDA-37650 Int Charges 56,313.19
Mar 1, 2015 IDA-37650 Int Charges 56,313.19
Mar 1, 2015 IDA-37650 Loan Repay 150,279.81
Sep 1, 2015 IDA-37650 Int Charges 54,898.53
Sep 1, 2015 IDA-37650 Loan Repay 6,213.53
Sep 1, 2015 IDA-37650 Loan Repay 148,651.06
Sep 1, 2015 IDA-37650 Int Charges 54,898.53
Oct 4, 2023 IDA-37650 Loan Repay 287,928.40
Oct 4, 2023 IDA-37650 Int Charges 5.83
Oct 4, 2023 IDA-37650 Int Charges 5.83
Oct 4, 2023 IDA-37650 Int Charges 43,206.57
Oct 4, 2023 IDA-37650 Int Charges 43,206.57
Mar 2, 2022 IDA-37650 Loan Repay 152,961.60
Mar 2, 2022 IDA-37650 Int Charges 18.87
Sep 7, 2021 IDA-37650 Loan Repay 154,942.14
Sep 1, 2023 IDA-37650 Loan Repay 117.21
Mar 3, 2023 IDA-37650 Loan Repay 142,280.97
Mar 3, 2023 IDA-37650 Int Charges 44,436.62
Mar 3, 2023 IDA-37650 Int Charges 44,436.62
Mar 1, 2023 IDA-37650 Loan Repay 4,024.29
May 20, 2003 IDA-37650 Loan Commitment 15,000,000.00
May 20, 2003 IDA-3765A Loan Commitment 15,000,000.00
Mar 1, 2024 IDA-37650 Loan Repay 5,255.60
Mar 15, 2024 IDA-37650 Int Charges 201.31
Mar 15, 2024 IDA-37650 Int Charges 201.31
Mar 15, 2024 IDA-37650 Int Charges 42,844.23
Mar 15, 2024 IDA-37650 Int Charges 42,844.23
Mar 15, 2024 IDA-37650 Loan Repay 287,676.78
Sep 1, 2019 IDA-37650 Int Charges 216.05
Sep 1, 2019 IDA-37650 Int Charges 216.05
Sep 1, 2019 IDA-37650 Loan Repay 150,517.40
Sep 1, 2019 IDA-37650 Int Charges 9.36
Sep 1, 2019 IDA-37650 Int Charges 9.36
Sep 1, 2019 IDA-37650 Int Charges 49,670.74
Sep 7, 2021 IDA-37650 Int Charges 26.14
Sep 7, 2021 IDA-37650 Int Charges 26.14
Sep 1, 2021 IDA-37650 Loan Repay 1,911.98
Sep 7, 2021 IDA-37650 Int Charges 49,117.31
Sep 7, 2021 IDA-37650 Int Charges 49,117.31
Mar 9, 2021 IDA-37650 Int Charges 50,052.07
Mar 9, 2021 IDA-37650 Int Charges 50,052.07
Mar 9, 2021 IDA-37650 Int Charges 6,821.71
Mar 9, 2021 IDA-37650 Int Charges 6,821.71
Mar 9, 2021 IDA-37650 Loan Repay 157,026.10
Sep 1, 2022 IDA-37650 Loan Repay 1,304.44
Sep 1, 2022 IDA-37650 Loan Repay 141,905.66
Sep 1, 2022 IDA-37650 Int Charges 2.99
Sep 1, 2022 IDA-37650 Int Charges 2.99
Sep 1, 2022 IDA-37650 Int Charges 44,037.11
Sep 1, 2022 IDA-37650 Int Charges 44,037.11
Mar 2, 2022 IDA-37650 Int Charges 18.87
Mar 2, 2022 IDA-37650 Int Charges 47,609.30
Mar 2, 2022 IDA-37650 Int Charges 47,609.30
Mar 2, 2022 IDA-37650 Int Charges 285.62

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-18-2005PROJECT PERFORMANCE ASSESSMENT REPORT: 06-01-2010
Outcome RatingSatisfactory Moderately Satisfactory
Risk To Development OutcomeNot RatedModerate
Bank PerformanceSatisfactoryModerately Satisfactory
Borrower PerformanceSatisfactorySatisfactory
Government PerformanceSatisfactorySatisfactory
Implementing AgencySatisfactoryNot Rated
Icr QualitySatisfactoryNot Rated
M&e QualityNot RatedNot Rated

Results Framework

No data available.