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Poverty Reduction Support Credit (PRSC-7)

Abstract*

This program document presents one-tranche Seventh Poverty Reduction Support Credit (PRSC7) to the Republic of Ghana. This first development policy operation of a programmatic series of two (PRSC7 and PRSC8) supports the authorities' efforts to consolidate ongoing fiscal stabilization efforts and protect the development objectives set in the Ghana Shared Growth and Development Agenda (GSGDA) for 2010-2013. The GSGDA emphasizes the need for macroeconomic...

* 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

Seventh Poverty Reduction Support Credit - PRSC-7. The proposed program will be based on PRSC-6 and lessons learned from the previous PRSCs - preparation and implementation.

Key Details

Project Details

  • P117924

  • Closed

  • Santiago Herrera Aguilera

  • N/A

  • Ghana

  • January 7, 2010

  • (as of board presentation)

    January 20, 2011

  • February 9, 2011

  • US$ 215.00 million

  • N/A

  • Not Applicable

  • June 30, 2011

  • BANK APPROVED

  • July 12, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 215.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 215.00
IBRD + IDA Commitment 215.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 215.00

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

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 15, 2016 IDA-48570 Int Charges 735,290.60
Jul 15, 2016 IDA-48570 Int Charges 735,290.60
Jan 15, 2017 IDA-48570 Int Charges 9,015.19
Jan 15, 2017 IDA-48570 Int Charges 9,015.19
Jan 18, 2017 IDA-48570 Int Charges 707,791.94
Jan 18, 2017 IDA-48570 Int Charges 707,791.94
Jul 15, 2017 IDA-48570 Int Charges 720,407.94
Jul 15, 2017 IDA-48570 Int Charges 720,407.94
Jul 15, 2017 IDA-48570 Int Charges 4,169.94
Jul 15, 2017 IDA-48570 Int Charges 4,169.94
Jan 15, 2018 IDA-48570 Int Charges 10,958.00
Jan 15, 2018 IDA-48570 Int Charges 10,958.00
Jan 15, 2018 IDA-48570 Int Charges 746,939.00
Jan 15, 2018 IDA-48570 Int Charges 746,939.00
Jan 15, 2015 IDA-48570 Int Charges 5,569.39
Jan 15, 2015 IDA-48570 Int Charges 5,569.39
Jan 16, 2015 IDA-48570 Int Charges 746,607.60
Jan 16, 2015 IDA-48570 Int Charges 746,607.60
Jul 15, 2013 IDA-48570 Int Charges 787,979.70
Jul 15, 2013 IDA-48570 Int Charges 787,979.70
Jul 15, 2013 IDA-48570 Int Charges 7,561.65
Jul 15, 2013 IDA-48570 Int Charges 7,561.65
Jan 24, 2014 IDA-48570 Int Charges 4,671.06
Jan 24, 2014 IDA-48570 Int Charges 4,671.06
Jan 24, 2014 IDA-48570 Int Charges 807,820.60
Jan 24, 2014 IDA-48570 Int Charges 807,820.60
Aug 8, 2014 IDA-48570 Int Charges 8,008.86
Aug 8, 2014 IDA-48570 Int Charges 8,008.86
Aug 8, 2014 IDA-48570 Int Charges 810,002.70
Aug 8, 2014 IDA-48570 Int Charges 810,002.70
Jul 15, 2015 IDA-48570 Int Charges 21,965.83
Jul 15, 2015 IDA-48570 Int Charges 21,965.83
Jul 17, 2015 IDA-48570 Int Charges 713,629.44
Jul 17, 2015 IDA-48570 Int Charges 713,629.44
Jan 15, 2016 IDA-48570 Int Charges 13,104.11
Jan 15, 2016 IDA-48570 Int Charges 13,104.11
Jan 19, 2016 IDA-48570 Int Charges 716,983.56
Jan 19, 2016 IDA-48570 Int Charges 716,983.56
Jul 18, 2023 IDA-48570 Int Charges 651,689.00
Jul 18, 2023 IDA-48570 Int Charges 651,689.00
Jul 18, 2023 IDA-48570 Int Charges 30,857.70
Jul 18, 2023 IDA-48570 Int Charges 30,857.70
Jul 18, 2023 IDA-48570 Loan Repay 2,388,875.00
Jul 18, 2023 IDA-48570 Int Charges 2,071.66
Jan 15, 2024 IDA-48570 Loan Repay 2,354,788.20
Jan 15, 2024 IDA-48570 Int Charges 147.18
Jan 15, 2024 IDA-48570 Int Charges 147.18
Jan 15, 2024 IDA-48570 Int Charges 28,724.54
Jan 15, 2024 IDA-48570 Int Charges 28,724.54
Jan 15, 2024 IDA-48570 Int Charges 640,170.00
Jan 15, 2024 IDA-48570 Int Charges 640,170.00
Jan 20, 2011 IDA-48570 Loan Commitment 215,000,000.00
Feb 12, 2021 IDA-48570 Int Charges 27,258.31
Feb 12, 2021 IDA-48570 Int Charges 27,258.31
Feb 12, 2021 IDA-48570 Int Charges 750,333.80
Feb 12, 2021 IDA-48570 Int Charges 750,333.80
Aug 5, 2021 IDA-48570 Int Charges 754,293.60
Aug 5, 2021 IDA-48570 Int Charges 754,293.60
Aug 5, 2021 IDA-48570 Int Charges 11,349.83
Aug 5, 2021 IDA-48570 Int Charges 11,349.83
Aug 5, 2021 IDA-48570 Loan Repay 2,514,312.00
Jul 15, 2022 IDA-48570 Loan Repay 9,501.73
Feb 2, 2022 IDA-48570 Int Charges 1,028.65
Feb 2, 2022 IDA-48570 Int Charges 1,028.65
Feb 2, 2022 IDA-48570 Int Charges 731,367.60
Feb 2, 2022 IDA-48570 Int Charges 731,367.60
Jan 15, 2022 IDA-48570 Loan Repay 27,912.36
Feb 2, 2022 IDA-48570 Loan Repay 2,440,981.50
Sep 14, 2022 IDA-48570 Loan Repay 2,277,269.80
Sep 14, 2022 IDA-48570 Int Charges 800.75
Sep 14, 2022 IDA-48570 Int Charges 800.75
Sep 14, 2022 IDA-48570 Int Charges 668,855.40
Sep 14, 2022 IDA-48570 Int Charges 668,855.40
Feb 28, 2023 IDA-48570 Loan Repay 2,267,167.80
Feb 28, 2023 IDA-48570 Int Charges 2,866.84
Feb 28, 2023 IDA-48570 Int Charges 2,866.84
Feb 28, 2023 IDA-48570 Int Charges 645,998.20
Feb 28, 2023 IDA-48570 Int Charges 645,998.20
Jan 15, 2023 IDA-48570 Loan Repay 75,929.34
Jul 18, 2023 IDA-48570 Int Charges 2,071.66
Jul 19, 2018 IDA-48570 Int Charges 738,891.10
Jul 19, 2018 IDA-48570 Int Charges 10,467.25
Jul 19, 2018 IDA-48570 Int Charges 10,467.25
Jul 19, 2018 IDA-48570 Int Charges 738,891.10
Jan 15, 2019 IDA-48570 Int Charges 16,510.85
Jan 15, 2019 IDA-48570 Int Charges 16,510.85
Jan 23, 2019 IDA-48570 Int Charges 714,047.20
Jan 23, 2019 IDA-48570 Int Charges 714,047.20
Jul 19, 2019 IDA-48570 Int Charges 5,584.59
Jul 19, 2019 IDA-48570 Int Charges 5,584.59
Jul 19, 2019 IDA-48570 Int Charges 730,902.56
Jul 19, 2019 IDA-48570 Int Charges 730,902.56
Jan 21, 2020 IDA-48570 Int Charges 579.17
Jan 21, 2020 IDA-48570 Int Charges 579.17
Jan 21, 2020 IDA-48570 Int Charges 726,770.00
Jan 21, 2020 IDA-48570 Int Charges 726,770.00
Aug 11, 2020 IDA-48570 Int Charges 2,805.99
Aug 11, 2020 IDA-48570 Int Charges 2,805.99
Aug 11, 2020 IDA-48570 Int Charges 718,677.44
Aug 11, 2020 IDA-48570 Int Charges 718,677.44
Jul 15, 2016 IDA-48570 Int Charges 1,744.60
Jul 15, 2016 IDA-48570 Int Charges 1,744.60

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-31-2012
OutcomesModerately Satisfactory
Risk to Development OutcomeModest
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-09-2015PROJECT PERFORMANCE ASSESSMENT REPORT: 07-11-2016
Outcome RatingModerately Unsatisfactory Moderately Unsatisfactory
Risk To Development OutcomeSignificantHigh
Bank PerformanceModerately UnsatisfactoryModerately Unsatisfactory
Borrower PerformanceModerately UnsatisfactoryUnsatisfactory
Government PerformanceModerately UnsatisfactoryNot Rated
Implementing AgencyModerately UnsatisfactoryUnsatisfactory
Icr QualitySatisfactoryNot Rated
M&e QualityModestNon-evaluable

Results Framework

No data available.