Cote d'Ivoire: Economic Governance & Recovery Grant (EGRG)

Abstract*

The objectives of the Economic Governance and Recovery Grant (EGRG) are to: (i) facilitate the clearance of Cote d'Ivoire arrears to International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), which is required to restore normal relations between the country and the World Bank; and (ii) support Cote d'Ivoire in its post-conflict economic and social recovery. Given the complex post-conflict environment... Show More

Development Objective

The key objective of the EGRG is to assist Cote Ivoire in its post-conflict economic and social recovery. Fiscal stabilization, improved fiscal management, and governance and transparency in its fiscal operations and in key sectors, together with other elements of the Government strategy that commit it to pro-poor spending and support for economic growth, prepare the stage for anticipated debt relief under the HIPC Initiative and MDRI.

Key Details

Project Details

Project ID
P083583
Status
Closed
Team Leader
Richard Antonin Doffonsou
Borrower 2
N/A

Country
Cote d'Ivoire
Disclosure Date
November 9, 2007
Approval Date
(as of board presentation)
April 1, 2008
Effective Date
April 2, 2008

Total Project Cost 1
US$ 308.00 million
Implementing Agency
N/A
Region
Western and Central Africa
Fiscal Year 3
2008

Commitment Amount
US$ 308.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2008

Last Stage Reached
BANK APPROVED
Last Update Date
October 31, 2023

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 - Public Sector Management

FY17 - Public Administration80%
- FY17 - State-owned Enterprise Reform and Privatization20%
- FY17 - Transparency, Accountability and Good Governance60%
FY17 - Public Finance Management20%
- FY17 - Public Expenditure Management20%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	308.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	308.00
IBRD + IDA Commitment	308.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	308.00

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$)
Apr 1, 2008	IDA-H3500	Loan Commitment	308,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Monitoring and Evaluation	Satisfactory	2008-12-30
Overall Implementation Progress (IP)	Moderately Satisfactory	2008-12-30
Progress towards achievement of PDO	Moderately Satisfactory	2008-12-30
Program Management	Moderately Satisfactory	2008-12-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-25-2009
Outcomes	Substantial
Risk to Development Outcome	Substantial
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Not Applicable
Implementing Agency	Not Applicable

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 09-10-2009	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome	Significant	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	Substantial	N/a

Results Framework