Georgia: Second Development Policy Operation

Abstract*

The Second Development Policy Operation (DPO 2) Program is the second in a series of three programmatic development policy operations intended to support the Government of Georgia's policy reform program to: (i) mitigate the impact of the economic downturn in the short-term; and (ii) facilitate recovery and prepare Georgia for post-crisis growth in the medium-term. In addition to a satisfactory macroeconomic and fiscal framework, the main policy areas... Show More

Development Objective

The proposed Second Development Policy Operation (DPO-2) is the second in a series of three programmatic development policy operations intended to support the Government of Georgia's policy reform program to (i) mitigate the impact of the economic downturn in the short-term; and (ii) facilitate recovery and prepare Georgia for post-crisis growth in the medium-term. In addition to a satisfactory macroeconomic and fiscal framework, the main policy areas supported are: (i) improving the efficiency and effectiveness of public finances; (ii) improving the effectiveness of the social safety net; and (iii) improving external competitivness.

Key Details

Project Details

Project ID
P117698
Status
Closed
Team Leader
Faruk Khan
Borrower 2
N/A

Country
Georgia
Disclosure Date
June 1, 2010
Approval Date
(as of board presentation)
July 29, 2010
Effective Date
September 23, 2010

Total Project Cost 1
US$ 50.00 million
Implementing Agency
N/A
Region
Europe and Central Asia
Fiscal Year 3
2011

Commitment Amount
US$ 50.00 million
Environmental Category
N/A
Last Update Date
February 26, 2024
Closing Date
March 31, 2011

Last Stage Reached
BANK APPROVED
Parent Projects
P112700

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 - Fiscal Policy9%
- FY17 - Tax policy9%
FY17 - Trade27%
- FY17 - Trade Facilitation27%

FY17 - Human Development and Gender

FY17 - Health Systems and Policies18%
- FY17 - Health System Strengthening18%

FY17 - Private Sector Development

FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration14%
- FY17 - Transparency, Accountability and Good Governance14%
FY17 - Public Finance Management23%
- FY17 - Domestic Revenue Administration9%
- FY17 - Public Expenditure Management14%

FY17 - Social Development and Protection

FY17 - Social Protection10%
- FY17 - Social Safety Nets10%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	10.00
IDA Credit	40.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	10.00
IDA Commitment	40.00
IBRD + IDA Commitment	50.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	50.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Apr 15, 2015	IDA-47630	Int Charges	4,454.42
Apr 15, 2015	IBRD-79260	Int Charges	41,455.55
Apr 15, 2015	IDA-47630	Int Charges	131,948.70
Apr 15, 2015	IDA-47630	Int Charges	131,948.70
Oct 15, 2015	IDA-47630	Int Charges	4,262.20
Oct 15, 2015	IDA-47630	Int Charges	4,262.20
Oct 15, 2015	IDA-47630	Int Charges	135,224.53
Oct 15, 2015	IDA-47630	Int Charges	135,224.53
Oct 15, 2015	IBRD-79260	Int Charges	47,783.33
Oct 15, 2014	IDA-47630	Int Charges	147,506.30
Oct 15, 2014	IDA-47630	Int Charges	147,506.30
Oct 15, 2014	IDA-47630	Int Charges	377.38
Oct 15, 2014	IDA-47630	Int Charges	377.38
Oct 15, 2014	IBRD-79260	Int Charges	40,158.33
Oct 15, 2013	IDA-47630	Int Charges	1,953.16
Oct 15, 2013	IDA-47630	Int Charges	1,953.16
Oct 15, 2013	IDA-47630	Int Charges	148,913.02
Oct 15, 2013	IDA-47630	Int Charges	148,913.02
Oct 15, 2013	IBRD-79260	Int Charges	45,750.00
Apr 15, 2014	IBRD-79260	Int Charges	41,961.11
Apr 15, 2014	IDA-47630	Int Charges	1,193.46
Apr 15, 2014	IDA-47630	Int Charges	1,193.46
Apr 15, 2014	IDA-47630	Int Charges	153,442.90
Apr 15, 2014	IDA-47630	Int Charges	153,442.90
Oct 15, 2021	IDA-47630	Int Charges	126,275.02
Oct 15, 2021	IBRD-79260	Loan Repay	263,000.00
Oct 15, 2021	IDA-47630	Loan Repay	17,268.32
Oct 15, 2021	IBRD-79260	Int Charges	40,671.24
Apr 15, 2020	IDA-47630	Int Charges	135,442.11
Apr 15, 2020	IDA-47630	Int Charges	135,442.11
Apr 15, 2020	IBRD-79260	Loan Repay	125,016.30
Oct 15, 2022	IDA-47630	Int Charges	101,481.75
Oct 15, 2022	IDA-47630	Int Charges	101,481.75
Oct 15, 2022	IBRD-79260	Int Charges	108,636.75
Oct 15, 2022	IBRD-79260	Loan Repay	154,363.25
Oct 15, 2022	IBRD-79260	Loan Repay	108,636.75
Oct 15, 2022	IDA-47630	Loan Repay	48,542.10
Apr 15, 2023	IDA-47630	Loan Repay	1,733,188.20
Apr 15, 2023	IDA-47630	Int Charges	38,840.25
Apr 15, 2023	IDA-47630	Int Charges	38,840.25
Apr 15, 2023	IBRD-79260	Loan Repay	196,637.36
Apr 15, 2023	IBRD-79260	Int Charges	188,561.70
Apr 15, 2023	IBRD-79260	Loan Repay	66,362.64
Apr 15, 2023	IBRD-79260	Int Charges	8,075.66
Apr 15, 2023	IDA-47630	Int Charges	38,033.05
Apr 15, 2023	IDA-47630	Int Charges	38,033.05
Apr 15, 2023	IDA-47630	Loan Repay	61,643.50
Apr 15, 2022	IBRD-79260	Loan Repay	226,289.02
Apr 15, 2022	IBRD-79260	Loan Repay	36,710.98
Apr 15, 2022	IDA-47630	Loan Repay	1,798,499.80
Apr 15, 2022	IDA-47630	Int Charges	57,613.29
Apr 15, 2022	IDA-47630	Int Charges	57,613.29
Apr 15, 2022	IBRD-79260	Int Charges	36,710.98
Apr 15, 2022	IDA-47630	Int Charges	57,804.77
Apr 15, 2022	IDA-47630	Int Charges	57,804.77
Apr 15, 2022	IDA-47630	Loan Repay	11,980.28
Oct 15, 2022	IDA-47630	Loan Repay	56,428.91
Apr 15, 2021	IBRD-79260	Loan Repay	41,712.14
Apr 15, 2021	IBRD-79260	Int Charges	41,712.14
Apr 15, 2021	IBRD-79260	Loan Repay	221,287.86
Apr 15, 2021	IDA-47630	Loan Repay	0.01
Apr 15, 2021	IDA-47630	Int Charges	-0.01
Apr 15, 2021	IDA-47630	Int Charges	-0.01
Apr 15, 2021	IDA-47630	Int Charges	121,422.59
Apr 15, 2021	IDA-47630	Int Charges	121,422.59
Apr 15, 2021	IDA-47630	Int Charges	2,652.57
Apr 15, 2021	IDA-47630	Int Charges	2,652.57
Apr 15, 2021	IDA-47630	Loan Repay	1,892,895.00
Apr 15, 2021	IDA-47630	Int Charges	13,446.17
Apr 15, 2021	IDA-47630	Int Charges	13,446.17
Oct 15, 2021	IDA-47630	Loan Repay	109,764.22
Oct 15, 2021	IDA-47630	Loan Repay	1,743,708.50
Oct 15, 2021	IDA-47630	Int Charges	126,275.02
Apr 15, 2020	IBRD-79260	Int Charges	125,016.30
Apr 15, 2020	IBRD-79260	Loan Repay	137,983.70
Oct 15, 2020	IDA-47630	Loan Repay	1,730,177.00
Oct 15, 2020	IDA-47630	Int Charges	137,648.95
Oct 15, 2020	IBRD-79260	Loan Repay	87,332.48
Oct 15, 2020	IBRD-79260	Loan Repay	175,667.52
Oct 15, 2020	IDA-47630	Loan Repay	89.43
Oct 15, 2020	IBRD-79260	Int Charges	87,332.48
Oct 15, 2020	IDA-47630	Loan Repay	139,997.50
Oct 15, 2020	IDA-47630	Int Charges	137,648.95
Oct 15, 2019	IBRD-79260	Loan Repay	263,000.00
Oct 15, 2019	IBRD-79260	Int Charges	160,371.16
Oct 15, 2019	IDA-47630	Int Charges	389.96
Oct 15, 2019	IDA-47630	Int Charges	389.96
Oct 15, 2019	IDA-47630	Int Charges	136,216.30
Oct 15, 2019	IDA-47630	Int Charges	136,216.30
Apr 15, 2020	IDA-47630	Int Charges	364.76
Apr 15, 2020	IDA-47630	Int Charges	364.76
Oct 15, 2018	IDA-47630	Int Charges	416.57
Oct 15, 2018	IDA-47630	Int Charges	416.57
Oct 15, 2018	IBRD-79260	Loan Repay	263,000.00
Oct 15, 2018	IBRD-79260	Int Charges	160,125.00
Oct 15, 2018	IDA-47630	Int Charges	137,056.81
Oct 15, 2018	IDA-47630	Int Charges	137,056.81
Apr 15, 2019	IDA-47630	Int Charges	137,786.34
Apr 15, 2019	IBRD-79260	Loan Repay	263,000.00
Apr 15, 2019	IDA-47630	Int Charges	1,430.40
Apr 15, 2019	IDA-47630	Int Charges	1,430.40
Apr 15, 2019	IDA-47630	Int Charges	137,786.34
Apr 15, 2019	IBRD-79260	Int Charges	163,922.42
Apr 15, 2018	IDA-47630	Int Charges	761.85
Apr 15, 2018	IDA-47630	Int Charges	761.85
Apr 15, 2018	IDA-47630	Int Charges	144,532.98
Apr 15, 2018	IDA-47630	Int Charges	144,532.98
Apr 15, 2018	IBRD-79260	Int Charges	508.33
Apr 15, 2018	IBRD-79260	Int Charges	110,716.67
Apr 15, 2017	IDA-47630	Int Charges	1,682.42
Apr 15, 2017	IDA-47630	Int Charges	1,682.42
Apr 15, 2017	IDA-47630	Int Charges	132,464.89
Apr 15, 2017	IDA-47630	Int Charges	132,464.89
Apr 15, 2017	IBRD-79260	Int Charges	94,538.89
Oct 15, 2017	IDA-47630	Int Charges	898.24
Oct 15, 2017	IDA-47630	Int Charges	898.24
Oct 15, 2017	IDA-47630	Int Charges	139,851.69
Oct 15, 2017	IDA-47630	Int Charges	139,851.69
Oct 15, 2017	IBRD-79260	Int Charges	104,208.33
Apr 15, 2016	IBRD-79260	Int Charges	54,391.67
Apr 15, 2016	IDA-47630	Int Charges	1,406.73
Apr 15, 2016	IDA-47630	Int Charges	1,406.73
Apr 15, 2016	IDA-47630	Int Charges	139,680.52
Apr 15, 2016	IDA-47630	Int Charges	139,680.52
Oct 15, 2016	IBRD-79260	Int Charges	74,725.00
Oct 15, 2016	IDA-47630	Int Charges	23.08
Oct 15, 2016	IDA-47630	Int Charges	23.08
Oct 15, 2016	IDA-47630	Int Charges	136,979.27
Oct 15, 2016	IDA-47630	Int Charges	136,979.27
Apr 15, 2015	IDA-47630	Int Charges	4,454.42
Apr 15, 2024	IBRD-79260	Loan Repay	263,000.00
Apr 15, 2024	IDA-47630	Loan Repay	1,658,744.40
Apr 15, 2024	IDA-47630	Int Charges	85,029.26
Apr 15, 2024	IDA-47630	Int Charges	85,029.26
Apr 15, 2024	IDA-47630	Loan Repay	31,678.87
Jul 29, 2010	IDA-47630	Loan Commitment	40,000,000.00
Jul 29, 2010	IBRD-79260	Loan Commitment	10,000,000.00
Oct 15, 2023	IDA-47630	Int Charges	23,291.66
Oct 15, 2023	IDA-47630	Int Charges	23,291.66
Oct 15, 2023	IDA-47630	Loan Repay	93,080.43
Oct 15, 2023	IDA-47630	Loan Repay	1,642,563.60
Oct 15, 2023	IDA-47630	Int Charges	91,121.31
Oct 15, 2023	IDA-47630	Int Charges	91,121.31
Oct 15, 2023	IBRD-79260	Loan Repay	227,981.83
Oct 15, 2023	IBRD-79260	Int Charges	4,028.69
Oct 15, 2023	IBRD-79260	Loan Repay	35,018.17
Oct 15, 2023	IBRD-79260	Int Charges	223,953.14
Apr 15, 2024	IBRD-79260	Int Charges	234,644.62
Apr 15, 2024	IBRD-79260	Int Charges	2,556.30
Apr 15, 2024	IDA-47630	Loan Repay	53,767.01
Oct 15, 2022	IDA-47630	Loan Repay	1,586,391.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-27-2012
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-14-2018	PROJECT PERFORMANCE ASSESSMENT REPORT: 06-23-2016
Outcome Rating	Satisfactory	Satisfactory
Risk To Development Outcome	Moderate	Moderate
Bank Performance	Satisfactory	Satisfactory
Borrower Performance	Satisfactory	Satisfactory
Government Performance		Satisfactory
Implementing Agency	Satisfactory	Satisfactory
Icr Quality		Satisfactory
M&e Quality	Substantial	Substantial

Results Framework

No data available.

Georgia: Second Development Policy Operation

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework