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Latvia First Special Development Policy Loan: Safety Net and Social Sector Reform Program

Abstract*

The objectives of the Safety Net and Social Sector Reform Program for Latvia are: (i) to protect vulnerable groups with emergency safety net support during the economic contraction; (ii) to mitigate the social costs of fiscal consolidation; and (iii) to ensure structural reforms lay a foundation for medium term improvements in the social sectors. Given the deep impact Latvia has suffered in the wake of the global crisis, and due to the emergency nature...

* 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 SDPL will back a Safety Net and Social Sector Reform Program. The objectives of the SDPL are: (i) to protect vulnerable groups with emergency safety net suport during the economic contraction; (ii) to mitigate the social costs of fiscal consolidation; and (iii) to ensure structural reforms lay a foundation for medium term improvements in the social sectors.

Key Details

Project Details

  • P115732

  • Closed

  • Truman Packard

  • N/A

  • Latvia

  • August 7, 2009

  • (as of board presentation)

    March 4, 2010

  • April 2, 2010

  • US$ 143.90 million

  • N/A

  • January 15, 2013

  • December 31, 2010

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 143.90

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 143.90
IDA Commitment N/A
IBRD + IDA Commitment 143.90
Lending Instrument
Grant Amount N/A
Total Project Cost** 143.90

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

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No data available.
Period Financier Transaction Type Amount (US$)
Apr 15, 2014 IBRD-78630 Int Charges 2,910,639.50
Oct 15, 2018 IBRD-78630 Int Charges 734,153.40
Oct 15, 2018 IBRD-78630 Loan Repay 11,598,000.00
Oct 15, 2017 IBRD-78630 Int Charges 1,247,643.00
Oct 15, 2017 IBRD-78630 Loan Repay 11,826,000.00
Apr 15, 2018 IBRD-78630 Loan Repay 12,323,000.00
Apr 15, 2018 IBRD-78630 Int Charges 1,040,061.20
Apr 15, 2017 IBRD-78630 Int Charges 1,344,808.50
Apr 15, 2017 IBRD-78630 Loan Repay 10,622,500.00
Oct 15, 2015 IBRD-78630 Int Charges 2,171,221.80
Oct 15, 2015 IBRD-78630 Loan Repay 11,433,500.00
Apr 15, 2016 IBRD-78630 Int Charges 1,903,810.80
Apr 15, 2016 IBRD-78630 Loan Repay 11,278,500.00
Oct 15, 2016 IBRD-78630 Int Charges 1,626,324.80
Oct 15, 2016 IBRD-78630 Loan Repay 11,011,000.00
Apr 15, 2015 IBRD-78630 Loan Repay 10,583,000.00
Apr 15, 2015 IBRD-78630 Int Charges 2,233,013.00
Oct 15, 2014 IBRD-78630 Int Charges 2,667,673.00
Oct 15, 2013 IBRD-78630 Int Charges 2,846,284.50
Mar 4, 2010 IBRD-78630 Loan Commitment 143,900,000.00
Apr 15, 2019 IBRD-78630 Loan Repay 11,311,000.00
Apr 15, 2019 IBRD-78630 Int Charges 477,324.20
Oct 15, 2019 IBRD-78630 Loan Repay 11,016,000.00
Oct 15, 2019 IBRD-78630 Int Charges 232,437.62

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Satisfactory 2010-06-19
Progress towards achievement of PDO Satisfactory 2010-06-19
Monitoring and Evaluation Satisfactory 2010-06-19

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2012
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 03-13-2013PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increased hours and outreach services at the Primary Health Care level to compensate in part for reduced financing of specialist and hospital care.ValueNumber of rural General Practitioners with an extr117 GP practices have expanded with extra public h300 out of 668 rural practices
    DateJanuary 29, 2010March 31, 2010December 31, 2010
    Comment
  • People from households certified as "needy" are exempt from health service copyaments; receiving subsidized prescriptions; and retain access to ciritcal health care services.ValueNumber of subsidized out-patient visits: 27 90961 051184 199
    DateDecember 31, 2009March 31, 2010December 31, 2010
    Comment
  • Enrollment of 5 and 6 year old children in free pre-primary programs is maintained at least at 89% for 5 y.o., and 98% for 6 y.o., respectively.Value89% 5 y.o., 98% 6 y.o.90% of 5 y.o., 98% of 6 y.o.90% 5 y.o., 98% 6 y.o.
    DateDecember 31, 2009March 31, 2010June 30, 2010
    Comment
  • The time students spend travelling to and from primary and secondary schools is kept within 60 minutes (one way).Value28 of 2680, 1.5%13 students, 0.6%25 of 2980, 1.2%
    DateSeptember 30, 2008March 31, 2010December 31, 2010
    Comment
  • Not less than 39% of state subsidies to cover the stipends of students in higher education are awarded to academically eligible students on the basis of poverty and social considerations in addition tValue1379 of 3549, 39%1379 of 3549, 39%1620 of 3600, 45%
    DateDecember 31, 2009March 31, 2010December 31, 2010
    Comment
  • Percentage of unemployment benefits recipients whose benefits are extended by the reform - 22%.ValuePercentage of unemployment benefits recipients who22%
    DateDecember 31, 2009January 31, 2011
    Comment
  • Individual contributions to the funded pension pillar have risen from 2% in 2009 to 6% from January 1, 2012.Value2%2%6%
    DateDecember 31, 2009March 31, 2010January 31, 2012
    Comment
  • Municipalities have sufficient financial resources to make timely payment of GMI benefit to all eligible individuals.ValueShare of spending on GMI financed through the ESSN50%50%
    DateSeptember 30, 2009March 31, 2010December 31, 2010
    Comment
  • In 2010, quarter 4, 34,309 workplaces have been created under the emergency public works program.Value168305681 new work places created34309
    DateDecember 31, 2009March 31, 2010December 31, 2010
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of persons living in households whose reported income qualify as needy, that have been certified as needy (data estimated by the Ministry of Welfare based on HBS indicator and administrativValue38.6%Not measured50%
    DateSeptember 30, 2008March 31, 2010September 30, 2009
    Comment
  • Number of patients receiving 100% reimbursement of medicinal products or medicines charged under the emergency safety social safetynet.Value099 in 2009 Q4, and 7061 in 2010 Q134080
    DateSeptember 30, 2009March 31, 2010December 31, 2010
    Comment
  • Number of hospitals' hotel patients receiving a subsidy under the emergency social safety netValue0551 in 2009 Q4, and 390 in 2010 Q127200
    DateSeptember 30, 2009March 31, 2010December 31, 2010
    Comment
  • Number of subsidized home care visits under the emergency social safety netValue0115 in 2009 Q4, and 454 in 2010 Q1200000
    DateSeptember 30, 2009March 31, 2010December 31, 2010
    Comment
  • Percentage of students receiving assistance for school transportation in municipalities where schools have closedValue070% in 2009 Q4, and 75.4% in 2010 Q172%
    DateSeptember 30, 2009March 31, 2010December 31, 2010
    Comment
  • Number receiving GMI (administrative data of the Ministry of Welfare)Value27.4 thousand157.1 thousand (40% rise on February 2010)100 thousand
    DateSeptember 30, 2009March 31, 2010December 31, 2010
    Comment