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CO Prog Fiscal and Institutional Adj II

Abstract*

The government's fiscal and institutional reform agenda is supported by the Bank through the series of four single-tranche Fiscal and Institutional Adjustment Loans (FIAL). The objectives of this series of loans are two: first, to promote reforms addressing fiscal rigidities necessary to attain the substantial fiscal adjustment underlying sustainable macroeconomic stability; and second, to improve the provision of public services and establish the...

* 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

Second loan of the Programmatic Fiscal and Institutional Structural Adjustment Loan.

Key Details

Project Details

  • P083905

  • Closed

  • Mario Francisco Sangines

  • N/A

  • Colombia

  • September 15, 2003

  • (as of board presentation)

    November 20, 2003

  • November 24, 2003

  • US$ 168.30 million

  • N/A

  • Not Applicable

  • February 25, 2004

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 150.00
Inter-American Development Bank 18.30

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 150.00
IDA Commitment N/A
IBRD + IDA Commitment 150.00
Lending Instrument
Grant Amount 18.30
Total Project Cost** 168.30

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$)
Nov 15, 2013 IBRD-72010 Int Charges 2,542,500.00
Nov 20, 2003 IBRD-72010 Loan Commitment 150,000,000.00
Nov 15, 2019 IBRD-72010 Int Charges 423,750.00
Nov 15, 2014 IBRD-72010 Int Charges 2,118,750.00
Nov 15, 2018 IBRD-72010 Loan Repay 15,000,000.00
Nov 15, 2018 IBRD-72010 Int Charges 847,500.00
May 15, 2016 IBRD-72010 Int Charges 1,695,000.00
May 15, 2019 IBRD-72010 Int Charges 423,750.00
May 15, 2018 IBRD-72010 Int Charges 847,500.00
May 15, 2014 IBRD-72010 Int Charges 2,118,750.00
Nov 15, 2017 IBRD-72010 Loan Repay 15,000,000.00
Nov 15, 2017 IBRD-72010 Int Charges 1,271,250.00
May 15, 2017 IBRD-72010 Int Charges 1,271,250.00
Nov 15, 2015 IBRD-72010 Int Charges 2,118,750.00
Nov 15, 2016 IBRD-72010 Int Charges 1,695,000.00
Nov 15, 2016 IBRD-72010 Loan Repay 15,000,000.00
Nov 15, 2015 IBRD-72010 Loan Repay 15,000,000.00
Nov 15, 2013 IBRD-72010 Loan Repay 15,000,000.00
May 15, 2015 IBRD-72010 Int Charges 2,118,750.00
Nov 15, 2019 IBRD-72010 Loan Repay 15,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-20-2004PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.