| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 150.00 |
Third Programmatic Fiscal Management & Comp. DPL
Abstract*
This Development Policy Loan (DPL) is the third in a programmatic series of four Fiscal Management and Competitiveness Development Policy Loans (FMCDPL). The FMCDPL series, along with parallel DPL in the areas of social policy and environment, were designed in close partnership with Government of Peru (GoP) and in line with its policy program, as outlined in the Country Partnership Strategy (CPS). The GoP stated a clear vision for: (i) building on... Show More
Development Objective
The proposed loan supports progress towards medium-term program outcomes related to three
CPS objectives: (i) maintaining macro stability (pillar I-cluster I),(i i) accelerating growth and
widening the base of growth (pillar I-cluster II)a,n d (iii)m odernizinginstitutions (pillar 111-cluster
VI).
Key Details
Project Details
P106720
Closed
Ekaterina Vostroknutova
N/A
September 22, 2009
(as of board presentation)
November 12, 2009
December 18, 2009
US$ 150.00 million
N/A
2010
US$ 150.00 million
N/A
August 16, 2023
January 31, 2013
BANK APPROVED
Finances
Financing Plan (US$ Millions)
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 | N/A |
| Total Project Cost** | 150.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 15, 2013 | IBRD-77990 | Int Charges | 536,666.70 |
| Dec 21, 2018 | IBRD-77990 | Int Charges | 1,208,793.80 |
| Dec 21, 2018 | IBRD-77990 | Loan Repay | 147,090,000.00 |
| Mar 15, 2014 | IBRD-77990 | Int Charges | 490,208.34 |
| Sep 15, 2014 | IBRD-77990 | Int Charges | 460,000.00 |
| Sep 15, 2014 | IBRD-77990 | Int Charges | 0.01 |
| Sep 15, 2017 | IBRD-77990 | Int Charges | 1,433,666.60 |
| Nov 12, 2009 | IBRD-77990 | Loan Commitment | 150,000,000.00 |
| Mar 15, 2018 | IBRD-77990 | Loan Repay | 1,455,000.00 |
| Mar 15, 2015 | IBRD-77990 | Int Charges | 475,125.00 |
| Mar 15, 2018 | IBRD-77990 | Int Charges | 1,440,458.40 |
| Sep 15, 2015 | IBRD-77990 | Int Charges | 559,666.70 |
| Mar 15, 2016 | IBRD-77990 | Int Charges | 674,916.70 |
| Sep 15, 2018 | IBRD-77990 | Loan Repay | 1,455,000.00 |
| Sep 15, 2018 | IBRD-77990 | Int Charges | 2,095,474.80 |
| Sep 15, 2016 | IBRD-77990 | Int Charges | 981,333.30 |
| Mar 15, 2017 | IBRD-77990 | Int Charges | 1,251,916.60 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2012-04-26 |
| Progress towards achievement of PDO | Satisfactory | 2012-04-26 |
| Monitoring and Evaluation | Satisfactory | 2012-04-26 |
| Program Management | Satisfactory | 2012-04-26 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-28-2012 |
|---|---|
| Outcomes | |
| Risk to Development Outcome | |
| Bank Performance | |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 02-15-2017 | PROJECT PERFORMANCE ASSESSMENT REPORT: 02-04-2013 |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | Satisfactory |
| Risk To Development Outcome | Moderate | Moderate |
| Bank Performance | Moderately Satisfactory | Satisfactory |
| Borrower Performance | Satisfactory | Satisfactory |
| Government Performance | Satisfactory | |
| Implementing Agency | Satisfactory | |
| Icr Quality | Satisfactory | |
| M&e Quality | Substantial | High |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Fiscal balance of the consolidated public sector, as percent of GDP Value -0.30 1.80 -1.00 Date December 30, 2005 December 30, 2011 December 31, 2011 Comment (Surplus) The target is to keep fiscal balance in surplus or with a deficit of at most 1 percent of GDP or higher. Current fiscal balance isoutperforming the target. Tax revenue of the central government, as percent of GDP Value 13.90 15.90 0.00 Date December 31, 2005 December 31, 2011 Comment Share of the national budget resources in the Single Treasury Account Value 0.00 80.00 0.00 Date December 31, 2010 Comment There was no Single Treasury Account prior to the Program Share of the national and regional government's budget that is linked to performance indicators Value 0.00 20.00 0.00 Date December 31, 2010 Comment There was no link to performance indicators for any budgetary expenditure