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Uganda - Financial Sector DPL (1 of 2)

Abstract*

The objectives of the Financial Sector Development Policy Credit Program are to support the development of the market for term finance; and furthering access to financial services fully congruent to Country Assistance Strategy (CAS) commitment to support Government of Uganda's (GoU's) financial sector and pension system reforms. This program document presents a Development Policy Credit to the Republic of Uganda for an amount of SDR 30.9 million (US$50...

* 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

Support financial sector deepening, with special focus on two pillars: (i) Supporting the development of the market for term finance; (ii) Furthering access to financial services. Key outcome indicators include, for pillar 1: (i) effective, well resourced, and efficient regulator is in place; (ii) public sector pension scheme is sustainable; (iii) mortgage market growth accelerates; (iv) increased capacity to manage and coordinate Public Private Partnership (PPP) arrangements is established. For Pillar 2: (i) increased lending to private sector; (ii) increased variety of financial products; (iii) strengthened oversight of micro finance institutions; (iv) enhanced efficiency of money transfers; (v) improved accessibility to payment services.

Key Details

Project Details

  • P117979

  • Closed

  • Andrea Mario Dall'Olio

  • N/A

  • Uganda

  • June 30, 2011

  • (as of board presentation)

    June 30, 2011

  • October 13, 2011

  • US$ 50.00 million

  • N/A

  • Not Applicable

  • June 30, 2012

  • BANK APPROVED

  • December 16, 2015

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 50.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 50.00
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 June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 19, 2023 IDA-49890 Int Charges 8.61
Dec 19, 2023 IDA-49890 Int Charges 8.61
Dec 19, 2023 IDA-49890 Int Charges 137,479.78
Dec 19, 2023 IDA-49890 Int Charges 137,479.78
Jun 16, 2023 IDA-49890 Int Charges 23,122.25
Jun 16, 2023 IDA-49890 Int Charges 23,122.25
Jun 16, 2023 IDA-49890 Loan Repay 414,322.66
Jun 16, 2023 IDA-49890 Int Charges 150,709.81
Jun 16, 2023 IDA-49890 Int Charges 150,709.81
Dec 15, 2023 IDA-49890 Loan Repay 6,026.96
Dec 19, 2023 IDA-49890 Loan Repay 406,973.88
Jun 18, 2024 IDA-49890 Int Charges 11,034.55
Jun 18, 2024 IDA-49890 Loan Repay 407,113.70
Jun 18, 2024 IDA-49890 Int Charges 11,034.55
Jun 18, 2024 IDA-49890 Int Charges 33.44
Jun 18, 2024 IDA-49890 Int Charges 33.44
Jun 18, 2024 IDA-49890 Int Charges 144,542.60
Jun 18, 2024 IDA-49890 Int Charges 144,542.60
Jun 30, 2011 IDA-49890 Loan Commitment 50,000,000.00
Jun 16, 2021 IDA-49890 Int Charges 3,098.33
Jun 16, 2021 IDA-49890 Int Charges 3,098.33
Jun 16, 2021 IDA-49890 Int Charges 165,515.16
Jun 16, 2021 IDA-49890 Int Charges 165,515.16
Jun 15, 2022 IDA-49890 Loan Repay 6,531.52
Jun 15, 2022 IDA-49890 Loan Repay 405,000.88
Jun 15, 2022 IDA-49890 Int Charges 152,781.36
Jun 15, 2022 IDA-49890 Int Charges 152,781.36
Dec 15, 2021 IDA-49890 Int Charges 1,269.69
Dec 15, 2021 IDA-49890 Int Charges 1,269.69
Dec 15, 2021 IDA-49890 Loan Repay 431,530.88
Dec 15, 2021 IDA-49890 Int Charges 161,824.06
Dec 15, 2021 IDA-49890 Int Charges 161,824.06
Dec 15, 2022 IDA-49890 Loan Repay 14,652.09
Dec 15, 2022 IDA-49890 Loan Repay 396,568.20
Dec 15, 2022 IDA-49890 Int Charges 128,174.34
Dec 15, 2022 IDA-49890 Int Charges 128,174.34
Jun 15, 2018 IDA-49890 Int Charges 163,421.73
Dec 15, 2018 IDA-49890 Int Charges 5,025.49
Dec 15, 2018 IDA-49890 Int Charges 5,025.49
Dec 15, 2018 IDA-49890 Int Charges 154,764.97
Dec 15, 2018 IDA-49890 Int Charges 154,764.97
Jun 15, 2019 IDA-49890 Int Charges 158,107.97
Jun 15, 2019 IDA-49890 Int Charges 158,107.97
Jun 15, 2019 IDA-49890 Int Charges 2,185.40
Jun 15, 2019 IDA-49890 Int Charges 2,185.40
Dec 15, 2019 IDA-49890 Int Charges 831.98
Dec 15, 2019 IDA-49890 Int Charges 831.98
Dec 15, 2019 IDA-49890 Int Charges 158,001.36
Dec 15, 2019 IDA-49890 Int Charges 158,001.36
Jun 15, 2020 IDA-49890 Int Charges 158,341.69
Jun 15, 2020 IDA-49890 Int Charges 158,341.69
Jun 15, 2020 IDA-49890 Int Charges 1,542.79
Jun 15, 2020 IDA-49890 Int Charges 1,542.79
Dec 15, 2020 IDA-49890 Int Charges 1,553.85
Dec 15, 2020 IDA-49890 Int Charges 1,553.85
Dec 15, 2020 IDA-49890 Int Charges 163,531.28
Dec 15, 2020 IDA-49890 Int Charges 163,531.28
Jun 15, 2016 IDA-49890 Int Charges 2,859.19
Jun 15, 2016 IDA-49890 Int Charges 2,859.19
Jun 15, 2016 IDA-49890 Int Charges 160,013.55
Jun 15, 2016 IDA-49890 Int Charges 160,013.55
Dec 21, 2016 IDA-49890 Int Charges 68.44
Dec 21, 2016 IDA-49890 Int Charges 155,218.05
Dec 21, 2016 IDA-49890 Int Charges 155,218.05
Dec 21, 2016 IDA-49890 Int Charges 68.44
Jun 15, 2017 IDA-49890 Int Charges 4,533.86
Jun 15, 2017 IDA-49890 Int Charges 4,533.86
Jun 15, 2017 IDA-49890 Int Charges 152,892.77
Jun 15, 2017 IDA-49890 Int Charges 152,892.77
Dec 15, 2017 IDA-49890 Int Charges 2,798.86
Dec 15, 2017 IDA-49890 Int Charges 2,798.86
Dec 15, 2017 IDA-49890 Int Charges 163,854.20
Dec 15, 2017 IDA-49890 Int Charges 163,854.20
Jun 15, 2018 IDA-49890 Int Charges 83.68
Jun 15, 2018 IDA-49890 Int Charges 83.68
Jun 15, 2018 IDA-49890 Int Charges 163,421.73
Dec 15, 2013 IDA-49890 Int Charges 2,010.64
Dec 15, 2013 IDA-49890 Int Charges 2,010.64
Dec 15, 2013 IDA-49890 Int Charges 177,280.81
Dec 15, 2013 IDA-49890 Int Charges 177,280.81
Jun 15, 2014 IDA-49890 Int Charges 920.86
Jun 15, 2014 IDA-49890 Int Charges 920.86
Jun 15, 2014 IDA-49890 Int Charges 178,391.88
Jun 15, 2014 IDA-49890 Int Charges 178,391.88
Dec 15, 2014 IDA-49890 Int Charges 992.36
Dec 15, 2014 IDA-49890 Int Charges 992.36
Dec 15, 2014 IDA-49890 Int Charges 168,346.20
Dec 15, 2014 IDA-49890 Int Charges 168,346.20
Jun 15, 2015 IDA-49890 Int Charges 2,659.33
Jun 15, 2015 IDA-49890 Int Charges 2,659.33
Jun 16, 2015 IDA-49890 Int Charges 156,391.84
Jun 16, 2015 IDA-49890 Int Charges 156,391.84
Dec 15, 2015 IDA-49890 Int Charges 3,920.75
Dec 15, 2015 IDA-49890 Int Charges 161,510.05
Dec 15, 2015 IDA-49890 Int Charges 161,510.05
Dec 15, 2015 IDA-49890 Int Charges 3,920.75

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Moderately Satisfactory 2011-10-12
Progress towards achievement of PDO Satisfactory 2011-10-12
Monitoring and Evaluation Satisfactory 2011-10-12
Program Management Satisfactory 2011-10-12

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 01-30-2015
OutcomesModerately Unsatisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Unsatisfactory
Government PerformanceModerately Unsatisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-09-2015PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeSignificantN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceModerately UnsatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyModerately UnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • An effective, well resourced, and efficient regulator is in placeValueNot in placeNot in place
    Date
    Comment
  • Share of Occupational Schemes licensed by URBRAValue0.000.000.00
    Date
    Comment
  • Number of mobile money services subscriptionsValue2000000.002000000.000.00
    Date
    Comment
  • Public Sector Pension Fund becomes contributoryValueNon contributoryNon Contributory
    Date
    Comment
  • Ratio of Mortgage Debt to GDPValue1.001.000.00
    Date
    Comment
  • Yield curve for Government securities becomes less inelastic for longer maturitiesValueYield curve virtually flat beyond 80 monthsYield curve virtually flat beyond 80 months
    Date
    Comment
  • Share of private financing in infrastructure investmentsValue17.0017.000.00
    Date
    Comment
  • Share of population served by formal financial institutionsValue28.0028.000.00
    Date
    Comment
  • Share of rural population served by formal financial institutionsValue22.0022.000.00
    Date
    Comment
  • Share of population without acces to financial servicesValue30.0030.000.00
    Date
    Comment
  • Share of population engaged in money transfersValue35.0035.000.00
    Date
    Comment