| Financier | Commitments |
|---|---|
| IDA Credit | 90.00 |
Economic Governance & Recovery Grant III
Abstract*
The objective of the Third Economic Governance and Recovery Grant Program (EGRG III) for Cote d'Ivoire is to support government owned reforms to improve governance, transparency and efficiency in public expenditure management as well as deepen structural reforms aimed at strengthening governance and transparency in key sectors. It will focus on supporting the Government's efforts to strengthen budget preparation, execution, controls and accountability... Show More
Development Objective
The objective is to support the resumption of sustainable economic growth and poverty reduction.
Key Details
Project Details
P117281
Closed
Edward English
N/A
December 9, 2009
(as of board presentation)
May 4, 2010
June 17, 2010
US$ 90.00 million
N/A
2010
US$ 90.00 million
N/A
Not Applicable
June 30, 2011
BANK APPROVED
October 31, 2023
Finances
Financing Plan (US$ Millions)
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 | N/A |
| Total Project Cost** | 90.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 4, 2010 | IDA-H5630 | Loan Commitment | 90,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2011-01-29 |
| Monitoring and Evaluation | Moderately Satisfactory | 2011-01-29 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2011-01-29 |
| Program Management | Moderately Satisfactory | 2011-01-29 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-07-2012 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | High |
| Bank Performance | Substantial |
| Borrower Performance | Substantial |
| Government Performance | Substantial |
| Implementing Agency | Substantial |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 08-23-2012 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | High | N/a |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Not Rated | N/a |
| Implementing Agency | Moderately Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Modest | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Budget Implementation Value Draft budget execution bill submitted to auditor b Draft bill being reviewed by auditor general. FY08 budget execution bill certified by auditor ge Date December 30, 2009 December 22, 2010 June 30, 2011 Comment Transparency in the energy sector Value EITI reports for 2006 and 2007 completed. EITI reports for 2006 and 2007 validated and made EITI report for 2008 validated and made public Date February 26, 2010 December 22, 2010 June 30, 2011 Comment Energy sector management Value SOGEPE unable to attract any financing beyond its SOGEPE has not yet received any financing proposal SOGEPE has received at least one financing proposa Date December 31, 2009 December 22, 2010 June 30, 2011 Comment SOGEPE has obtained ownership of assets in the sector but political crisis is delaying investment. Cocoa sector governance Value Basic information available on FIMR but not on oth FIMR audit has been posted on government website a All audits should be made public and new cocoa ins Date December 31, 2009 December 22, 2010 June 30, 2011 Comment Political crisis has delayed progress. Microfinance management Value 6.50 0.00 4.00 Date December 31, 2009 December 22, 2010 June 30, 2011 Comment UNACOOPEC losses were CFAF6.5 billion in 2009 Information not yet available Banking sector strengthened Value 8.40 0.00 5.40 Date December 31, 2009 December 22, 2010 June 30, 2011 Comment CNCE annual subsidy was CFAF8.4 billion in 2009. Information not yet available. Cocoa sector governance Value Two temporary government run committees are in pla Temporary committees still in place and no audits New institutional structure in place reflecting au Date December 31, 2009 December 22, 2010 June 30, 2011 Comment Political crisis has prevented the approval of a new cocoa strategy.