Philippines GFRP DPO

Abstract*

The Global Food Crisis Response Program Development Policy Operation (DPO) Project will support the Government of the Philippines address the challenges of high food prices in the short and medium term, particularly by supporting measures to strengthen social protection and safety nets to protect poor and vulnerable households. The operation recognizes the efforts by the Government to stabilize the price of rice, the country's staple food, and to... Show More

Development Objective

The DPO aims to support the Government of the Philippines in addressing the challenges of high food prices in the short and medium term, particularly by supporting measures to strengthen social protection and safety nets to protect poor and vulnerable households.

Key Details

Project Details

Project ID
P113492
Status
Closed
Team Leader
Nazmul Chaudhury
Borrower 2
N/A

Country
Philippines
Disclosure Date
October 23, 2008
Approval Date
(as of board presentation)
December 10, 2008
Effective Date
February 23, 2009

Total Project Cost 1
US$ 200.00 million
Implementing Agency
N/A
Region
East Asia and Pacific
Fiscal Year 3
2009

Commitment Amount
US$ 200.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2010

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Associated Projects
P120564

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 - Human Development and Gender

FY17 - Nutrition and Food Security100%
- FY17 - Food Security100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	200.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	200.00
IDA Commitment	N/A
IBRD + IDA Commitment	200.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	200.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
May 15, 2017	IBRD-76150	Int Charges	1,568,666.60
May 15, 2017	IBRD-79130	Int Charges	2,099,097.20
May 15, 2015	IBRD-79130	Int Charges	791,875.00
May 15, 2015	IBRD-76150	Int Charges	633,500.00
May 15, 2023	IBRD-79130	Loan Repay	8,325,000.00
Nov 15, 2023	IBRD-76150	Int Charges	4,044,621.50
Nov 15, 2023	IBRD-76150	Loan Repay	6,660,000.00
May 15, 2023	IBRD-76150	Int Charges	3,968,694.50
May 15, 2023	IBRD-76150	Loan Repay	6,660,000.00
Nov 15, 2023	IBRD-79130	Int Charges	124,835.26
Nov 15, 2023	IBRD-79130	Int Charges	6,010,769.50
Nov 15, 2023	IBRD-79130	Loan Repay	8,325,000.00
Nov 15, 2019	IBRD-79130	Int Charges	3,948,333.20
Nov 15, 2019	IBRD-76150	Int Charges	2,855,846.50
Nov 15, 2019	IBRD-76150	Loan Repay	6,660,000.00
May 15, 2020	IBRD-79130	Int Charges	3,045,972.20
May 15, 2020	IBRD-76150	Int Charges	2,095,171.90
May 15, 2020	IBRD-76150	Loan Repay	6,660,000.00
Nov 15, 2020	IBRD-76150	Int Charges	901,700.20
Nov 15, 2020	IBRD-79130	Int Charges	1,495,000.00
Nov 15, 2020	IBRD-79130	Loan Repay	8,325,000.00
Nov 15, 2020	IBRD-76150	Loan Repay	6,660,000.00
May 15, 2021	IBRD-79130	Int Charges	911,316.10
May 15, 2021	IBRD-79130	Loan Repay	8,325,000.00
May 15, 2021	IBRD-76150	Int Charges	479,388.56
May 15, 2021	IBRD-76150	Loan Repay	6,660,000.00
Nov 15, 2021	IBRD-76150	Int Charges	417,490.90
Nov 15, 2021	IBRD-76150	Loan Repay	6,660,000.00
May 15, 2022	IBRD-79130	Int Charges	859,845.50
May 15, 2022	IBRD-79130	Loan Repay	8,325,000.00
Nov 15, 2017	IBRD-76150	Int Charges	1,778,666.60
Nov 15, 2017	IBRD-79130	Int Charges	2,415,000.00
May 15, 2018	IBRD-79130	Int Charges	2,614,444.50
May 15, 2018	IBRD-76150	Int Charges	1,930,666.60
Nov 15, 2018	IBRD-79130	Int Charges	3,820,555.50
Nov 15, 2018	IBRD-76150	Int Charges	2,882,666.80
May 15, 2019	IBRD-76150	Loan Repay	6,660,000.00
May 15, 2019	IBRD-76150	Int Charges	3,177,555.50
May 15, 2019	IBRD-79130	Int Charges	4,210,764.00
May 15, 2016	IBRD-79130	Int Charges	1,200,694.50
May 15, 2016	IBRD-76150	Int Charges	910,000.00
Nov 15, 2016	IBRD-76150	Int Charges	1,236,888.90
Nov 15, 2016	IBRD-79130	Int Charges	1,635,555.50
Nov 15, 2015	IBRD-79130	Int Charges	945,555.56
Nov 15, 2015	IBRD-76150	Int Charges	725,777.75
Nov 15, 2013	IBRD-76150	Int Charges	746,222.25
Nov 15, 2013	IBRD-79130	Int Charges	881,666.70
May 15, 2014	IBRD-76150	Int Charges	663,666.70
May 15, 2014	IBRD-79130	Int Charges	791,875.00
Nov 15, 2014	IBRD-79130	Int Charges	753,888.90
Nov 15, 2014	IBRD-76150	Int Charges	633,777.75
May 15, 2024	IBRD-76150	Loan Disb	-126,740,000.00
May 15, 2024	IBRD-76150	Loan Disb	126,740,000.00
May 15, 2024	IBRD-76150	Int Charges	4,100,061.00
May 15, 2024	IBRD-76150	Loan Repay	6,660,000.00
May 15, 2024	IBRD-79130	Int Charges	39,445.77
May 15, 2024	IBRD-79130	Int Charges	6,097,920.00
May 15, 2024	IBRD-79130	Loan Repay	8,325,000.00
May 20, 2010	IBRD-79130	Loan Commitment	250,000,000.00
Dec 10, 2008	IBRD-76150	Loan Commitment	200,000,000.00
May 15, 2024	IBRD-79130	Loan Disb	-183,400,000.00
May 15, 2024	IBRD-79130	Loan Disb	183,400,000.00
Nov 15, 2021	IBRD-79130	Int Charges	858,728.00
Nov 15, 2021	IBRD-79130	Loan Repay	8,325,000.00
May 15, 2022	IBRD-76150	Loan Repay	6,660,000.00
May 15, 2022	IBRD-76150	Int Charges	426,462.12
Nov 15, 2022	IBRD-76150	Int Charges	1,771,709.40
Nov 15, 2022	IBRD-76150	Loan Repay	6,660,000.00
Nov 15, 2022	IBRD-79130	Int Charges	3,230,282.00
Nov 15, 2022	IBRD-79130	Loan Repay	8,325,000.00
May 15, 2023	IBRD-79130	Int Charges	303,928.53
May 15, 2023	IBRD-79130	Int Charges	5,177,493.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Satisfactory	2010-06-30
Progress towards achievement of PDO	Satisfactory	2010-06-30
Monitoring and Evaluation	Satisfactory	2010-06-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 09-30-2011
Outcomes	Highly Satisfactory
Risk to Development Outcome	Negligible
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Not Applicable
Implementing Agency	Not Applicable

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 08-01-2012	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Highly Satisfactory	N/a
Risk To Development Outcome	Moderate	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	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Decline in the domestic retail price of rice between June and October 2008. Value Php 38.40 per kilo Php 33.54 per kilo
Date June 30, 2008 October 31, 2008
Comment

Mitigating short-term impact of high food (and fuel) prices to households (as measured by increased budget and off-budget allocation in 2008 for social assistance programs).	Value	2.4% of national budget allocated to social assist	6.2% of national budget allocated to social assist
	Date	March 31, 2008	December 31, 2008
	Comment

Improved targeting of the Food for School program (as measured by increased share of FSP budget to the poorest 20 provinces).	Value	46% of program budget goes to the 20 poorest provi	78% of program budget goes to the 20 poorest provi
	Date	June 30, 2008	June 30, 2009
	Comment

Institutional framework in place for enhanced coordination and delivery of social protection program, leading to reduced fragmentation and overlap.	Value	None	Inter-agency Social Welfare and Development Cluste
	Date	June 30, 2008	October 31, 2009
	Comment

A standardized database of poor households (identified using proxy means test) established and used for selecting households by at least one national social protection program.	Value	0	1 (CCT program)
	Date	December 31, 2007	December 31, 2009
	Comment

320,000 poor households receive income support in the form of cash transfer. Value 20,000 700,000
Date June 30, 2008 December 31, 2009
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

- Value
Date
Comment

Decline in the domestic retail price of rice between June and October 2008.	Value	Php 38.40 per kilo	Php 33.54 per kilo
	Date	June 30, 2008	October 31, 2008
	Comment

320,000 poor households receive income support in the form of cash transfer.	Value	20,000	700,000
	Date	June 30, 2008	December 31, 2009
	Comment