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Fifth Poverty Reduction Support Credit (PRSC5)

Abstract*

The Fifth Poverty Reduction Support Credit (PRSC-5) is the third in a second PRSC series designed to assist the Government of Mozambique (GoM) to implement key policy actions outlined in its 2005-2009 second action plan for the reduction of absolute poverty (known as PARPA II by its Portuguese acronym) and in the performance assessment framework agreed by the government and the 19 external partners that provide General Budget Support (GBS) to GoM...

* 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 proposed Fifth Poverty Reduction Support Credit (PRSC-5) is the third in a second PRSC series designed to assist the Government of Mozambique (GoM) to implement key policy actions outlined in its 2005-2009 Second Action Plan for the Reduction of Absolute Poverty (known as PARPA II by its Portuguese acronym) and in the Performance Assessment Framework agreed by the GoM and the 19 external partners that provide general budget support (GBS) to GoM. In 2008 the GoM announced that it will extend the PARPA II by one year to include 2010, thereby strengthening sustainability and continuity with the next strategic document. PARPA II is mainly focused on shared growth and on the need for decentralization. Within this context, PRSC-5 is expected to help the GoM in: (a) the consolidation and deepening of the institutional reforms in the area of macroeconomic management; (b) reforms in governance by supporting decentralization to enhance public investments and service delivery at the provincial and district level, and by supporting public sector reform; and (c) economic development by removing constraints to growth, such as infrastructure, and promoting agricultural growth. The PRSC-5 also supports the implementation of the Government policy response to the higher global food and fuel prices.

Key Details

Project Details

  • P107313

  • Closed

  • Antonio Nucifora

  • N/A

  • Mozambique

  • August 5, 2008

  • (as of board presentation)

    November 4, 2008

  • December 4, 2008

  • US$ 100.00 million

  • N/A

  • Not Applicable

  • October 31, 2009

  • BANK APPROVED

  • P083459

  • August 22, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 90.00
Special Financing 10.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 90.00
IBRD + IDA Commitment 90.00
Lending Instrument
Grant Amount 10.00
Total Project Cost** 100.00

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$)
Oct 15, 2014 IDA-45280 Int Charges 318,947.56
Oct 15, 2014 IDA-45280 Int Charges 318,947.56
Oct 15, 2014 IDA-45280 Int Charges 816.00
Oct 15, 2014 IDA-45280 Int Charges 816.00
Oct 15, 2013 IDA-45280 Int Charges 4,875.18
Oct 15, 2013 IDA-45280 Int Charges 4,875.18
Oct 15, 2013 IDA-45280 Int Charges 321,337.30
Oct 15, 2013 IDA-45280 Int Charges 321,337.30
Apr 15, 2014 IDA-45280 Int Charges 2,580.60
Apr 15, 2014 IDA-45280 Int Charges 2,580.60
Apr 15, 2014 IDA-45280 Int Charges 331,784.10
Apr 15, 2014 IDA-45280 Int Charges 331,784.10
Oct 15, 2017 IDA-45280 Int Charges 2,464.02
Apr 17, 2018 IDA-45280 Int Charges 1,653.58
Apr 23, 2024 IDA-45280 Int Charges 254,213.67
Apr 23, 2024 IDA-45280 Int Charges 172.61
Apr 23, 2024 IDA-45280 Int Charges 172.61
Oct 15, 2022 IDA-45280 Loan Repay 26,692.02
Oct 19, 2022 IDA-45280 Loan Repay 704,576.90
Oct 19, 2022 IDA-45280 Int Charges 255,027.80
Oct 19, 2022 IDA-45280 Int Charges 255,027.80
Apr 15, 2023 IDA-45280 Loan Repay 34,145.26
May 2, 2023 IDA-45280 Loan Repay 736,584.25
May 2, 2023 IDA-45280 Int Charges 61.87
May 2, 2023 IDA-45280 Int Charges 61.87
May 2, 2023 IDA-45280 Int Charges 259,968.83
May 2, 2023 IDA-45280 Int Charges 259,968.83
Apr 15, 2024 IDA-45280 Loan Repay 17,927.68
Apr 16, 2021 IDA-45280 Int Charges 1,458.95
Apr 16, 2021 IDA-45280 Int Charges 1,458.95
Apr 16, 2021 IDA-45280 Loan Repay 819,418.60
Apr 16, 2021 IDA-45280 Int Charges 294,990.72
Apr 16, 2021 IDA-45280 Int Charges 294,990.72
Apr 17, 2018 IDA-45280 Int Charges 1,653.58
Apr 17, 2018 IDA-45280 Int Charges 313,176.03
Apr 17, 2018 IDA-45280 Int Charges 313,176.03
Oct 18, 2018 IDA-45280 Int Charges 297,014.00
Oct 18, 2018 IDA-45280 Int Charges 297,014.00
Oct 15, 2018 IDA-45280 Int Charges 239.77
Oct 15, 2018 IDA-45280 Int Charges 239.77
May 13, 2019 IDA-45280 Loan Repay 474,951.72
May 13, 2019 IDA-45280 Int Charges 297,558.90
May 13, 2019 IDA-45280 Int Charges 297,558.90
Apr 15, 2015 IDA-45280 Int Charges 9,631.65
Apr 15, 2015 IDA-45280 Int Charges 9,631.65
Apr 15, 2015 IDA-45280 Int Charges 285,307.94
Apr 15, 2015 IDA-45280 Int Charges 285,307.94
Oct 15, 2015 IDA-45280 Int Charges 9,215.98
Oct 15, 2015 IDA-45280 Int Charges 9,215.98
Oct 15, 2015 IDA-45280 Int Charges 292,391.16
Oct 15, 2015 IDA-45280 Int Charges 292,391.16
Apr 15, 2016 IDA-45280 Int Charges 3,041.74
Apr 15, 2016 IDA-45280 Int Charges 3,041.74
Apr 15, 2016 IDA-45280 Int Charges 302,026.16
Apr 15, 2016 IDA-45280 Int Charges 302,026.16
Oct 15, 2016 IDA-45280 Int Charges 49.92
Oct 15, 2016 IDA-45280 Int Charges 49.92
Oct 21, 2016 IDA-45280 Int Charges 295,087.53
Oct 21, 2016 IDA-45280 Int Charges 295,087.53
Apr 18, 2017 IDA-45280 Int Charges 285,326.25
Apr 18, 2017 IDA-45280 Int Charges 285,326.25
Oct 15, 2021 IDA-45280 Loan Repay 8,349.22
Oct 19, 2021 IDA-45280 Loan Repay 802,932.00
Oct 19, 2021 IDA-45280 Int Charges 16.91
Oct 19, 2021 IDA-45280 Int Charges 16.91
Oct 19, 2021 IDA-45280 Int Charges 289,027.34
Oct 19, 2021 IDA-45280 Int Charges 289,027.34
Apr 15, 2022 IDA-45280 Loan Repay 3,489.79
Apr 15, 2022 IDA-45280 Loan Repay 779,457.44
Apr 15, 2022 IDA-45280 Int Charges 64.58
Apr 15, 2022 IDA-45280 Int Charges 64.58
Apr 15, 2022 IDA-45280 Int Charges 275,988.88
Apr 15, 2022 IDA-45280 Int Charges 275,988.88
Apr 17, 2019 IDA-45280 Int Charges 2,096.02
Apr 17, 2019 IDA-45280 Int Charges 2,096.02
Apr 17, 2019 IDA-45280 Loan Repay 319,831.44
Oct 15, 2019 IDA-45280 Loan Repay 95.99
Oct 17, 2019 IDA-45280 Loan Repay 332,048.72
Oct 17, 2019 IDA-45280 Int Charges 288.50
Oct 17, 2019 IDA-45280 Int Charges 288.50
Oct 17, 2019 IDA-45280 Int Charges 291,377.53
Oct 17, 2019 IDA-45280 Int Charges 291,377.53
Oct 17, 2019 IDA-45280 Loan Repay 456,371.70
May 1, 2020 IDA-45280 Int Charges 1,352.53
May 1, 2020 IDA-45280 Int Charges 1,352.53
May 1, 2020 IDA-45280 Loan Repay 784,597.44
May 1, 2020 IDA-45280 Int Charges 32.68
May 1, 2020 IDA-45280 Int Charges 32.68
May 1, 2020 IDA-45280 Int Charges 286,950.84
May 1, 2020 IDA-45280 Int Charges 286,950.84
Oct 15, 2020 IDA-45280 Int Charges 1,431.56
Oct 15, 2020 IDA-45280 Int Charges 1,431.56
Oct 15, 2020 IDA-45280 Loan Repay 808,800.94
Oct 15, 2020 IDA-45280 Int Charges 269.60
Oct 15, 2020 IDA-45280 Int Charges 269.60
Oct 15, 2020 IDA-45280 Int Charges 292,761.25
Oct 15, 2020 IDA-45280 Int Charges 292,761.25
Apr 15, 2017 IDA-45280 Int Charges 4,735.66
Apr 15, 2017 IDA-45280 Int Charges 4,735.66
Oct 15, 2017 IDA-45280 Int Charges 302,393.60
Oct 15, 2017 IDA-45280 Int Charges 302,393.60
Oct 15, 2017 IDA-45280 Int Charges 2,464.02
Oct 26, 2023 IDA-45280 Int Charges 253.99
Oct 26, 2023 IDA-45280 Int Charges 253.99
Oct 26, 2023 IDA-45280 Int Charges 255,988.20
Oct 26, 2023 IDA-45280 Int Charges 255,988.20
Oct 26, 2023 IDA-45280 Int Charges 5,692.07
Oct 26, 2023 IDA-45280 Loan Repay 750,148.70
Oct 26, 2023 IDA-45280 Int Charges 5,692.07
Nov 4, 2008 IDA-45280 Loan Commitment 90,000,000.00
Apr 23, 2024 IDA-45280 Loan Repay 735,323.06
Apr 23, 2024 IDA-45280 Int Charges 254,213.67

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Satisfactory 2010-06-06
Progress towards achievement of PDO Satisfactory 2010-06-06
Monitoring and Evaluation Highly Satisfactory 2010-06-06

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-08-2010
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceNot Applicable
Implementing AgencyNot Applicable

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-29-2016PROJECT PERFORMANCE ASSESSMENT REPORT: 01-13-2011
Outcome RatingModerately Unsatisfactory Satisfactory
Risk To Development OutcomeSignificantModerate
Bank PerformanceModerately SatisfactorySatisfactory
Borrower PerformanceModerately UnsatisfactorySatisfactory
Government PerformanceSatisfactory
Implementing AgencySatisfactory
Icr QualitySatisfactory
M&e QualitySubstantialModest

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Support the consolidation and deepening of the institutional reforms in the area of macroeconomic management.ValueAs the PRSC consists of a series of annual operatiProgress continues to be satisfactory as evidenced
    DateDecember 30, 2005September 18, 2009
    Comment
  • Assist reforms in governance by supporting decentralization to enhance public investments and service delivery at the provincial and district level, and by supporting public sector reform.Value As the PRSC consists of a series of annual operaDecentralization is progressing gradually. Distric
    DateDecember 30, 2005September 18, 2009
    Comment
  • Promote economic development by improving the business employment and removing constraints to growth, such as infrastructure, and promoting agricultural growth.ValueAs the PRSC consists of a series of annual operatiSlow progress in improving the business environmen
    DateDecember 30, 2005September 18, 2009
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Share of total expenditures going to priority sectorsValue64.6% in 2006 61.6% in 2008; 61.6% in 200965% in 2007, 2008, 2009
    DateDecember 30, 2006December 31, 2009December 31, 2009
    Comment
  • Number of ministries, State bodies and UGEs using direct Budget Execution through e-SISTAFEValue22Roll out of e-SISTAFE has been completed on scheduAll 24 ministries and main institutions of the Sta
    DateDecember 30, 2006December 31, 2009December 31, 2007
    Comment
  • Total revenue as % of GDP increasedValue15.0% in 200616.4% in 2007; 16.0% in 2008; 17.8% in 2009. ThereTotal revenues to increase by 0.5% of GDP every ye
    DateDecember 30, 2006December 31, 2009December 31, 2009
    Comment
  • On track with action plan to operationalize new procurement systemValueAction plan for implementing new procurement systeProcurement system is operational. Capacity is beiOn track with implementation of action plan.
    DateDecember 30, 2006December 31, 2009December 31, 2009
    Comment
  • % of central and provincial level units with operational internal audit united,Value16% in 2006.25% in 2007; 59% in 2008; 75 in 2009.30% in 2007; 65% in 2008; 75% in 2009.
    DateDecember 30, 2006December 31, 2009December 31, 2009
    Comment
  • Number of financial audits approved by the Court of AccountsValue115 in 2006281 in 2007; 350 in 2008; 491 in 2009. Performance90 in 2007
    DateDecember 30, 2006December 31, 2009December 31, 2007
    Comment
  • Coverage of State Budget audited by the TA according to INTOSAI technical standards and according to Mozambican legislationValueNot determined (was 26% in 2007)33.4% of State Budget audited by the Court of Acco30% of State Budget audited by the Court of Accoun
    DateDecember 30, 2009December 31, 2009December 31, 2009
    Comment
  • % of budget transferred to: - Provinces - Districts - MunicipalitiesValueProvinces: 24%; Districts: 3%; Municipalities: 0.8Provinces: 34%; Districts: 3%; Municipalities: 1% P: 24.0%; D: 3.0%; M:0.8% in 2007; P: 23.3%; D:
    DateDecember 30, 2006December 31, 2009December 30, 2009
    Comment
  • Reduce the number of days to open a businessValue113 in 200629 days by end-2007; 26 days by end-2008; 26 days 60 days by end-2007; 40 days by end-2008; 30 days
    DateDecember 30, 2006December 31, 2009December 31, 2007
    Comment
  • Financial assessement (actuarial study) of INSS and preparation of investment strategy for INSS.ValueNo actuarial study of INSS and no investment stratAfter some delay, the actuarial study of INSS and Actuarial study of INSS completed; investment st
    DateDecember 30, 2006December 31, 2009December 31, 2008
    Comment
  • % of roads in good and fair conditionValue64% of roads is in good and fair condition (using 69% of roads is in good and fair condition by end-67% of roads is in good and fair condition by end-
    DateDecember 30, 2006December 31, 2009December 31, 2009
    Comment
  • Number of new irrigation hectares rehabilitated per year with public funds and put under management of the beneficiariesValue2,546 ha rehabilitated in 20063,500 ha rehabilitated in 2007; 1,778 ha rehabilit4000 ha rehabilitated in 2007; 3,400 ha in 2008; 3
    DateDecember 30, 2006December 31, 2009December 31, 2009
    Comment
  • Number of farming households assisted by public extension services including sub-contractingValue192,000 in 2006285,000 in 2007; 354,070 in 2008; 364,750 in 2009.222,300 in 2007; 222,300 in 2008; 411,000 in 2009.
    DateDecember 31, 2006December 31, 2009December 31, 2009
    Comment
  • Increase response to the food crisis by increasing production of certified seeds (maize and rice) in 2008/09 and 2009/10ValueBenchmark is level of production as in 2007/08 cam2008/09:Maize: +1179 MTRice: +698 MT2008/09:Maize: +1250 MTRice: +2200 MT2009
    DateAugust 31, 2008December 31, 2009December 31, 2010
    Comment
  • Increase response areas put into intensive production of food crops (maize and rice) in 2008/09 and 2009/10ValueBenchmark is level of production as in 2007/08 cam2008/09:Maize: + 46017 haRice: + 13130 ha202008/09:Maize: + 50000 haRice: + 22000 ha20
    DateAugust 31, 2009December 31, 2009December 31, 2010
    Comment