| Financier | Commitments |
|---|---|
| IDA Grant | 10.00 |
Programmatic Governance Reform & Growth
Abstract*
The Programmatic Governance Reform and Growth Grant is a development policy grant to the Republic of Sierra Leone to finance its Poverty Reduction Strategy (PRS). The central goal for poverty in the PRS is a restatement of the first Millennium Development Goal: by 2015 the proportion o f people whose income is less than one dollar a day should be reduced to half the 1990 level o f 82 percent, from the current base of 70 percent in 2003/04. This is... Show More
Development Objective
The proposed Grant will provide critical resources to support elements of the Government Poverty Reduction Strategy in a manner that consolidates and deepens the agenda set by the Economic Rehabilitation and Recovery series including progress made in governance, decentralization of government, management of public resources and private sector-led economic growth. The grant will contribute to economic recovery and growth by providing foreign exchange resources for imports of essential commodities, by providing financial resources to the Government budget to finance priority public expenditures and by supporting reforms to attract private investment. By helping to close the financing gap in 2006, it will also contribute to maintaining macroeconomic stability and low inflation.
Key Details
Project Details
P095575
Closed
Douglas M. Addison
N/A
December 6, 2006
(as of board presentation)
December 14, 2006
December 21, 2006
US$ 10.00 million
N/A
2007
US$ 10.00 million
N/A
Not Applicable
June 30, 2007
BANK APPROVED
August 31, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 10.00 |
| IBRD + IDA Commitment | 10.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 10.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 14, 2006 | IDA-H2620 | Loan Commitment | 10,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2012-02-10 |
| Monitoring and Evaluation | Moderately Unsatisfactory | 2012-02-10 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2012-02-10 |
| Program Management | Moderately Unsatisfactory | 2012-02-10 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-21-2012 |
|---|---|
| Outcomes | |
| Risk to Development Outcome | |
| Bank Performance | |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 07-16-2012 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | High | 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
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
1. Reduction in the time and cost of doing business. Value Doing Business Report, relative ranking in quintil A Business Startup Bill was passed by parliament 6 > 3rd quintile Date December 31, 2005 June 8, 2007 December 31, 2008 Comment Revenue as Percent of GDP Value 11.9% 11.8% Date December 31, 2005 December 31, 2006 Comment PEFA PI-1 Aggregate Expenditure Out-turn. Value B+ B Date December 31, 2004 December 31, 2006 Comment PEFA PI-2 Composition of Expenditure Out-turn. Value C C Date December 31, 2004 December 31, 2006 Comment Real GDP Growth Rate Value 7.3 7.4 Date December 31, 2005 December 31, 2006 Comment