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THIRD POVERTY REDUCTION SUPPORT CREDIT

Abstract*

The proposed Poverty Reduction Support Credit (PRSC-3) will assist the Government of Benin in implementing its Poverty Reduction Strategy, launched in December 2002. PRSC series are an integral part of the Bank's Country Assistance Strategy (CAS). PRSC-1 aimed to: (i) help create the basis for private-sector-led economic growth by supporting the Government's macroeconomic program; (ii) support the Government of Benin's public expenditure management...

* 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

The main objective of the PRSCIII is to support the Government of Benin in its efforts to reduce poverty through implementing policies designed to: (i) maintain macroeconomic stability and accelerate economic growth through completing the privatization program, setting sound regulatory framework in liberalized sectors, improving private sector investment climate, and improving the legal and judicial systems; (ii) improve the delivery, quality, and coverage of basic services in education, health, water and sanitation; and (iii) increase the ability of the poor to raise incomes and mitigate extreme poverty.

Key Details

Project Details

  • P083313

  • Closed

  • Nancy Claire Benjamin

  • N/A

  • Benin

  • October 27, 2005

  • (as of board presentation)

    November 2, 2006

  • January 22, 2007

  • US$ 30.00 million

  • N/A

  • Not Applicable

  • December 31, 2007

  • BANK APPROVED

  • P074313

  • March 6, 2024

  • 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 June 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 June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 9, 2020 IDA-42410 Loan Repay 285,749.20
Oct 9, 2020 IDA-42410 Int Charges 97,710.31
Oct 9, 2020 IDA-42410 Int Charges 97,710.31
Oct 10, 2016 IDA-42410 Int Charges 102,579.51
Oct 10, 2016 IDA-42410 Int Charges 102,579.51
Apr 1, 2016 IDA-42410 Int Charges 2,470.43
Apr 1, 2016 IDA-42410 Int Charges 2,470.43
Apr 8, 2016 IDA-42410 Int Charges 104,212.71
Apr 8, 2016 IDA-42410 Int Charges 104,212.71
Apr 1, 2017 IDA-42410 Loan Repay 799.02
Oct 1, 2016 IDA-42410 Int Charges 2,435.24
Oct 1, 2016 IDA-42410 Int Charges 2,435.24
Oct 1, 2017 IDA-42410 Int Charges 2,640.69
Oct 1, 2017 IDA-42410 Int Charges 2,640.69
Oct 1, 2017 IDA-42410 Loan Repay 185,458.34
Oct 1, 2017 IDA-42410 Loan Repay 100,028.26
Oct 1, 2017 IDA-42410 Int Charges 70,682.37
Oct 1, 2017 IDA-42410 Int Charges 70,682.37
Oct 16, 2017 IDA-42410 Int Charges 34,921.87
Oct 16, 2017 IDA-42410 Int Charges 34,921.87
Apr 1, 2017 IDA-42410 Loan Repay 273,284.70
Apr 1, 2017 IDA-42410 Int Charges 100,246.17
Apr 1, 2017 IDA-42410 Int Charges 100,246.17
Apr 5, 2018 IDA-42410 Int Charges 420.05
Apr 5, 2018 IDA-42410 Int Charges 420.05
Apr 5, 2018 IDA-42410 Loan Repay 293,142.40
Apr 5, 2018 IDA-42410 Int Charges 103,803.44
Apr 5, 2018 IDA-42410 Int Charges 103,803.44
Oct 8, 2014 IDA-42410 Int Charges 108,460.95
Oct 8, 2014 IDA-42410 Int Charges 108,460.95
Oct 1, 2014 IDA-42410 Int Charges 1,147.51
Oct 1, 2014 IDA-42410 Int Charges 1,147.51
Apr 1, 2014 IDA-42410 Int Charges 1,152.18
Apr 1, 2014 IDA-42410 Int Charges 1,152.18
Apr 1, 2014 IDA-42410 Int Charges 115,899.75
Oct 11, 2013 IDA-42410 Int Charges 3,999.08
Oct 11, 2013 IDA-42410 Int Charges 3,999.08
Oct 11, 2013 IDA-42410 Int Charges 116,230.80
Oct 11, 2013 IDA-42410 Int Charges 116,230.80
May 4, 2015 IDA-42410 Int Charges 2,779.70
May 4, 2015 IDA-42410 Int Charges 2,779.70
May 4, 2015 IDA-42410 Int Charges 104,854.34
May 4, 2015 IDA-42410 Int Charges 104,854.34
Apr 1, 2014 IDA-42410 Int Charges 115,899.75
Oct 9, 2015 IDA-42410 Int Charges 1,751.58
Oct 9, 2015 IDA-42410 Int Charges 1,751.58
Oct 9, 2015 IDA-42410 Int Charges 106,918.85
Oct 9, 2015 IDA-42410 Int Charges 106,918.85
Apr 1, 2022 IDA-42410 Int Charges 91,905.74
Apr 1, 2023 IDA-42410 Int Charges 89,673.03
Apr 1, 2023 IDA-42410 Int Charges 89,673.03
Oct 1, 2022 IDA-42410 Int Charges 2,041.37
Oct 1, 2022 IDA-42410 Int Charges 2,041.37
Oct 1, 2022 IDA-42410 Int Charges 81,286.06
Oct 1, 2022 IDA-42410 Int Charges 81,286.06
Oct 1, 2022 IDA-42410 Loan Repay 258,535.77
Oct 9, 2023 IDA-42410 Loan Repay 264,147.22
Oct 9, 2023 IDA-42410 Int Charges 79,015.14
Oct 9, 2023 IDA-42410 Int Charges 79,015.14
Apr 1, 2023 IDA-42410 Int Charges 5,255.56
Apr 1, 2023 IDA-42410 Int Charges 5,255.56
Apr 1, 2023 IDA-42410 Loan Repay 271,736.47
Oct 1, 2023 IDA-42410 Loan Repay 903.00
Apr 1, 2024 IDA-42410 Int Charges 7,522.54
Apr 1, 2024 IDA-42410 Int Charges 7,522.54
Apr 1, 2024 IDA-42410 Loan Repay 260,219.88
Nov 2, 2006 IDA-42410 Loan Commitment 30,000,000.00
Apr 8, 2024 IDA-42410 Int Charges 44.49
Apr 8, 2024 IDA-42410 Int Charges 44.49
Apr 8, 2024 IDA-42410 Loan Repay 7,173.65
Apr 8, 2024 IDA-42410 Int Charges 86,353.61
Apr 8, 2024 IDA-42410 Int Charges 86,353.61
Apr 6, 2021 IDA-42410 Int Charges 94,903.03
Apr 6, 2021 IDA-42410 Int Charges 1,953.24
Apr 6, 2021 IDA-42410 Int Charges 1,953.24
Apr 6, 2021 IDA-42410 Loan Repay 287,001.60
Oct 1, 2021 IDA-42410 Int Charges 4,086.12
Oct 1, 2021 IDA-42410 Int Charges 4,086.12
Oct 1, 2021 IDA-42410 Loan Repay 285,159.38
Oct 1, 2021 IDA-42410 Int Charges 29.70
Oct 1, 2021 IDA-42410 Int Charges 29.70
Oct 1, 2021 IDA-42410 Int Charges 91,503.90
Oct 1, 2021 IDA-42410 Int Charges 91,503.90
Apr 6, 2021 IDA-42410 Int Charges 47.84
Apr 6, 2021 IDA-42410 Int Charges 47.84
Apr 6, 2021 IDA-42410 Int Charges 94,903.03
Apr 1, 2022 IDA-42410 Int Charges 5,677.99
Apr 1, 2022 IDA-42410 Int Charges 5,677.99
Apr 1, 2022 IDA-42410 Loan Repay 278,836.75
Apr 1, 2022 IDA-42410 Int Charges 91,905.74
Oct 1, 2018 IDA-42410 Int Charges 3,776.45
Oct 1, 2018 IDA-42410 Int Charges 3,776.45
Oct 1, 2018 IDA-42410 Loan Repay 281,947.56
Oct 1, 2018 IDA-42410 Int Charges 23.49
Oct 1, 2018 IDA-42410 Int Charges 23.49
Oct 1, 2018 IDA-42410 Int Charges 102,006.25
Oct 1, 2018 IDA-42410 Int Charges 102,006.25
Apr 1, 2019 IDA-42410 Int Charges 549.15
Apr 1, 2019 IDA-42410 Int Charges 549.15
Apr 1, 2019 IDA-42410 Loan Repay 61,741.50
Apr 1, 2019 IDA-42410 Loan Repay 54,577.66
Apr 1, 2019 IDA-42410 Loan Repay 164,087.16
Apr 1, 2019 IDA-42410 Int Charges 95,828.95
Apr 1, 2019 IDA-42410 Int Charges 95,828.95
Oct 1, 2019 IDA-42410 Int Charges 95,543.35
Oct 1, 2019 IDA-42410 Int Charges 95,543.35
Apr 1, 2020 IDA-42410 Int Charges 2,478.07
Apr 1, 2020 IDA-42410 Int Charges 2,478.07
Apr 1, 2020 IDA-42410 Loan Repay 275,913.80
Apr 1, 2020 IDA-42410 Int Charges 97,070.62
Apr 1, 2020 IDA-42410 Int Charges 97,070.62
Oct 1, 2019 IDA-42410 Int Charges 0.56
Oct 1, 2019 IDA-42410 Int Charges 0.56
Oct 1, 2019 IDA-42410 Int Charges 5,020.43
Oct 1, 2019 IDA-42410 Int Charges 5,020.43
Oct 1, 2019 IDA-42410 Loan Repay 275,128.03
Oct 9, 2020 IDA-42410 Int Charges 195.74
Oct 9, 2020 IDA-42410 Int Charges 195.74

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2008
OutcomesModerately Satisfactory
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-17-2008PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a

Results Framework

No data available.