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Mauritius Second Development Policy Loan (FY08)

Abstract*

This Second Trade and Competitiveness Development Policy Loan Project for Mauritius will support a bold and comprehensive structural reform program which the Government is implementing in response to two major challenges: (i) the triple trade shock of trade preference erosion and high oil prices and (ii) the transition from low wage, low skill sugar and apparel exporter to innovative, knowledge and skill based services economy. The objective of this...

* 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 objective is to support a bold and comprehensive structural reform program which the Government is implementing in response to two major challenges: (i) the #triple trade shock# of trade preference erosion and high oil prices and (ii) the transition from low wage, low skill sugar and apparel exporter to innovative, knowledge and skill based services economy.

Key Details

Project Details

  • P106650

  • Closed

  • Fabiano Rodrigues Bastos

  • N/A

  • Mauritius

  • September 11, 2007

  • (as of board presentation)

    February 28, 2008

  • May 29, 2008

  • US$ 30.00 million

  • N/A

  • August 22, 2023

  • December 31, 2008

  • BANK APPROVED

  • P101570

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 30.00
IDA Commitment N/A
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 February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 15, 2021 IBRD-48890 Int Charges 18,788.46
Nov 15, 2019 IBRD-48890 Int Charges 27,830.36
Nov 15, 2019 IBRD-48890 Loan Repay 1,334,576.60
May 15, 2020 IBRD-48890 Int Charges 23,600.01
May 15, 2020 IBRD-48890 Loan Repay 1,307,600.80
May 15, 2018 IBRD-48890 Int Charges 15,277.15
May 15, 2018 IBRD-48890 Loan Repay 1,441,693.50
May 15, 2018 IBRD-48890 Int Charges 97,368.35
Nov 15, 2018 IBRD-48890 Int Charges 35,674.02
Nov 15, 2018 IBRD-48890 Loan Repay 1,368,568.50
May 15, 2019 IBRD-48890 Int Charges 31,255.12
May 15, 2019 IBRD-48890 Loan Repay 1,354,354.90
Nov 15, 2017 IBRD-48890 Int Charges 155,480.00
Nov 15, 2017 IBRD-48890 Loan Repay 1,500,000.00
Mar 8, 2018 IBRD-48890 Loan Disb -16,500,000.00
Mar 8, 2018 IBRD-48890 Loan Disb 16,470,726.00
Mar 8, 2018 IBRD-48890 Loan Disb -16,470,726.00
Mar 8, 2018 IBRD-48890 Loan Disb 16,470,726.00
Nov 15, 2016 IBRD-48890 Int Charges 115,920.00
May 15, 2017 IBRD-48890 Int Charges 144,121.25
May 15, 2017 IBRD-48890 Loan Repay 1,500,000.00
May 15, 2016 IBRD-48890 Int Charges 85,312.50
May 15, 2016 IBRD-48890 Loan Repay 1,500,000.00
Nov 15, 2016 IBRD-48890 Loan Repay 1,500,000.00
May 15, 2015 IBRD-48890 Loan Repay 1,500,000.00
May 15, 2015 IBRD-48890 Int Charges 55,129.58
Nov 15, 2015 IBRD-48890 Int Charges 66,240.00
Nov 15, 2015 IBRD-48890 Loan Repay 1,500,000.00
May 15, 2014 IBRD-48890 Int Charges 61,615.41
May 15, 2014 IBRD-48890 Loan Repay 1,500,000.00
Nov 15, 2013 IBRD-48890 Int Charges 75,133.33
Nov 15, 2013 IBRD-48890 Loan Repay 1,500,000.00
Nov 15, 2014 IBRD-48890 Int Charges 53,820.00
Nov 15, 2022 IBRD-48890 Int Charges 6,566.29
Feb 28, 2008 IBRD-48890 Loan Commitment 30,000,000.00
Nov 15, 2014 IBRD-48890 Loan Repay 1,500,000.00
Nov 15, 2022 IBRD-48890 Loan Repay 1,259,516.10
May 15, 2023 IBRD-48890 Int Charges 3,374.61
May 15, 2023 IBRD-48890 Loan Repay 1,316,068.50
Nov 15, 2021 IBRD-48890 Int Charges 14,443.03
Nov 15, 2021 IBRD-48890 Loan Repay 1,385,201.60
May 15, 2022 IBRD-48890 Int Charges 9,666.50
May 15, 2022 IBRD-48890 Loan Repay 1,256,612.90
Nov 15, 2020 IBRD-48890 Int Charges 22,358.90
Nov 15, 2020 IBRD-48890 Loan Repay 1,429,596.80
May 15, 2021 IBRD-48890 Loan Repay 1,465,463.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Highly Satisfactory 2010-02-25
Monitoring and Evaluation Satisfactory 2010-02-25
Program Management Highly Satisfactory 2010-02-25

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-09-2012
OutcomesHighly Satisfactory
Risk to Development OutcomeModest
Bank PerformanceHighly Satisfactory
Borrower PerformanceHighly Satisfactory
Government PerformanceHighly Satisfactory
Implementing AgencyHighly Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-23-2012PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Satisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceHighly SatisfactoryN/a
Borrower PerformanceHighly SatisfactoryN/a
Government PerformanceHighly SatisfactoryN/a
Implementing AgencyHighly SatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityHighN/a

Results Framework

No data available.