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... Show More

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

Project ID
P106650
Status
Closed
Team Leader
Fabiano Rodrigues Bastos
Borrower 2
N/A

Country
Mauritius
Disclosure Date
September 11, 2007
Approval Date
(as of board presentation)
February 28, 2008
Effective Date
May 29, 2008

Total Project Cost 1
US$ 30.00 million
Implementing Agency
N/A
Region
Eastern and Southern Africa
Fiscal Year 3
2008

Commitment Amount
US$ 30.00 million
Environmental Category
N/A
Last Update Date
August 22, 2023
Closing Date
December 31, 2008

Last Stage Reached
BANK APPROVED
Parent Projects
P101570

Associated Projects
P112369

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 - Economic Policy

FY17 - Trade25%
- FY17 - Trade Facilitation25%

FY17 - Human Development and Gender

FY17 - Education12%
- FY17 - Access to Education3%
- FY17 - Science and Technology3%
- FY17 - Standards, Curriculum and Textbooks3%
- FY17 - Teachers3%
FY17 - Labor Market Policy and Programs14%
- FY17 - Active Labor Market Programs7%
- FY17 - Labor Market Institutions7%

FY17 - Private Sector Development

FY17 - Business Enabling Environment24%
- FY17 - Regulation and Competition Policy24%
FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration13%
- FY17 - Transparency, Accountability and Good Governance13%
FY17 - Public Finance Management13%
- FY17 - Public Expenditure Management13%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

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

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

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

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-09-2012
Outcomes	Highly Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Highly Satisfactory
Borrower Performance	Highly Satisfactory
Government Performance	Highly Satisfactory
Implementing Agency	Highly Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 10-23-2012	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Highly Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Highly Satisfactory	N/a
Borrower Performance	Highly Satisfactory	N/a
Government Performance	Highly Satisfactory	N/a
Implementing Agency	Highly Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	High	N/a

Results Framework