SIR DPL3

Abstract*

This program document describes the third and final phase of three Social Sectors Institutional Reform Development Policy Loans (SIR DPL 3) Program in Bulgaria. The DPL series support the adoption and implementation of structural reform policies to: (i) increase employment and lay the foundations for long-term productivity growth by providing incentives for job creation and labor force participation as well as by improving quality of education; and... Show More

Development Objective

Support the Government of Bulgaria (GoB) to meet some of the challenges associated with the convergence in living standards with the rest of the European Union. The DPL series support the adoption and implementation of policies to (i) increase employment and lay the foundations for long-term productivity growth by providing incentives for job creation and labor force participation and improving the quality of education, and (ii) promote fiscal sustainability through efficiency gains in the social sectors.

Key Details

Project Details

Project ID
P115400
Status
Closed
Team Leader
Borrower 2
N/A

Country
Bulgaria
Disclosure Date
February 19, 2009
Approval Date
(as of board presentation)
May 14, 2009
Effective Date
June 5, 2009

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

Commitment Amount
US$ 200.00 million
Environmental Category
N/A
Last Update Date
September 26, 2018
Closing Date
March 31, 2010

Last Stage Reached
BANK APPROVED
Parent Projects
P102160

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 - Economic Growth and Planning4%
- FY17 - Migration, Remittances and Diaspora Engagement4%
FY17 - Fiscal Policy4%
- FY17 - Subnational Fiscal Policies4%

FY17 - Human Development and Gender

FY17 - Education38%
- FY17 - Access to Education18%
- FY17 - Education Financing17%
- FY17 - Science and Technology1%
- FY17 - Standards, Curriculum and Textbooks1%
- FY17 - Teachers1%
FY17 - Health Systems and Policies30%
- FY17 - Health System Strengthening30%
FY17 - Labor Market Policy and Programs22%
- FY17 - Active Labor Market Programs9%
- FY17 - Labor Market Institutions13%

FY17 - Private Sector Development

FY17 - Jobs4%
- FY17 - Youth Employment4%

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 February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 15, 2023	IBRD-77240	Int Charges	1,201,732.00
May 15, 2014	IBRD-77240	Int Charges	338,314.84
May 15, 2024	IBRD-77240	Int Charges	1,174,691.10
May 15, 2024	IBRD-77240	Loan Repay	6,739,439.50
May 14, 2009	IBRD-77240	Loan Commitment	200,000,000.00
Nov 15, 2021	IBRD-77240	Loan Repay	7,129,175.00
May 15, 2022	IBRD-77240	Loan Repay	6,467,371.50
Nov 15, 2022	IBRD-77240	Int Charges	18,190.72
Nov 15, 2022	IBRD-77240	Loan Repay	6,482,313.50
May 15, 2023	IBRD-77240	Int Charges	873,534.44
May 15, 2023	IBRD-77240	Loan Repay	6,773,370.00
May 15, 2020	IBRD-77240	Loan Repay	6,729,789.50
May 15, 2021	IBRD-77240	Loan Repay	7,542,257.50
Nov 15, 2020	IBRD-77240	Int Charges	95,772.22
Nov 15, 2020	IBRD-77240	Loan Repay	7,357,662.50
Nov 15, 2017	IBRD-77240	Loan Repay	7,375,717.00
May 15, 2018	IBRD-77240	Loan Repay	7,419,920.50
Nov 15, 2018	IBRD-77240	Loan Repay	7,043,570.00
May 15, 2019	IBRD-77240	Loan Repay	6,970,417.00
Nov 15, 2019	IBRD-77240	Loan Repay	6,868,625.00
May 15, 2015	IBRD-77240	Int Charges	213,174.44
Nov 15, 2015	IBRD-77240	Int Charges	148,200.27
May 15, 2016	IBRD-77240	Int Charges	111,325.77
May 15, 2016	IBRD-77240	Loan Repay	7,063,492.50
Nov 15, 2016	IBRD-77240	Int Charges	7,872.48
Nov 15, 2016	IBRD-77240	Loan Repay	6,702,396.00
May 15, 2017	IBRD-77240	Loan Repay	6,829,402.50
Nov 15, 2014	IBRD-77240	Int Charges	436,863.06
Nov 15, 2013	IBRD-77240	Int Charges	266,822.40
Nov 15, 2023	IBRD-77240	Loan Repay	6,764,965.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Satisfactory	2009-11-04
Progress towards achievement of PDO	Satisfactory	2009-11-04
Monitoring and Evaluation	Satisfactory	2009-11-04

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 07-28-2010
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Substantial
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Substantial
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 03-28-2011	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance	Moderately Unsatisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Moderately Unsatisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework