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... Show More

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

Project ID
P083313
Status
Closed
Team Leader
Nancy Claire Benjamin
Borrower 2
N/A

Country
Benin
Disclosure Date
October 27, 2005
Approval Date
(as of board presentation)
November 2, 2006
Effective Date
January 22, 2007

Total Project Cost 1
US$ 30.00 million
Implementing Agency
N/A
Region
Western and Central Africa
Fiscal Year 3
2007

Commitment Amount
US$ 30.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2007

Last Stage Reached
BANK APPROVED
Parent Projects
P074313
Last Update Date
March 6, 2024

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 - Finance for Development8%
- FY17 - Agriculture Finance8%

FY17 - Human Development and Gender

FY17 - Education18%
- FY17 - Access to Education9%
- FY17 - Education Financing9%

FY17 - Private Sector Development

FY17 - Business Enabling Environment17%
- FY17 - Regulation and Competition Policy17%
FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration17%
- FY17 - Transparency, Accountability and Good Governance17%
FY17 - Public Finance Management17%
- FY17 - Public Expenditure Management17%
FY17 - Rule of Law17%
- FY17 - Judicial and other Dispute Resolution Mechanisms17%

FY17 - Urban and Rural Development

FY17 - Rural Development8%
- FY17 - Rural Markets8%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

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

No data available.

Detailed Financial Activity as of June 30, 2025

Download:

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

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2008
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Substantial
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 12-17-2008	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Satisfactory	N/a
Implementing Agency	Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework

No data available.

THIRD POVERTY REDUCTION SUPPORT CREDIT

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of June 30, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework