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Eighth Poverty Reduction Support Financing

Abstract*

The development objective of the Eighth Poverty Reduction Support Financing Project (PRSF-8) for Rwanda is to support the development of policies that facilitate increased private sector investment and involvement and ease constraints to broad based growth. The PRSF-8 supports the Government of Rwanda as it implements its medium-term strategy towards the attainment of the Vision 2020. It supports the Government's second Poverty Reduction Strategy...

* 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 program development objective is to adopt policies that facilitate increased private sector investment and involvement and easeconstraints to broad based growth. Supported reforms to increase efficiency, transparency and accountability in the public sector include public financial management to ensure that resources are used more efficiently and effectively to benefit all parts of the population, including the poor. During the PRSF8-10 series priority will go to measures aimed at: (i) supporting the facilitation of trade and investments; (ii) increasing access to electricity and improved infrastructure services; (iii) raising private sector participation in the agricultural sector; (iv) increasing the quality and relevance of education to build a skilled workforce; (v) improving service delivery through focused and strategic civil service reform; and (vi) strengthening the management of public resources, including increasing transparency and accountability.

Key Details

Project Details

  • P122247

  • Closed

  • Yoichiro Ishihara

  • N/A

  • Rwanda

  • June 27, 2011

  • (as of board presentation)

    November 29, 2011

  • December 20, 2011

  • US$ 125.00 million

  • N/A

  • Not Applicable

  • June 30, 2012

  • BANK APPROVED

  • August 1, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 65.00
IDA Grant 60.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 125.00
IBRD + IDA Commitment 125.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 125.00

Summary Status of World Bank Financing (US$ Millions) as of April 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 April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 15, 2022 IDA-50160 Int Charges 194,217.08
Sep 15, 2022 IDA-50160 Int Charges 194,217.08
Sep 15, 2022 IDA-50160 Loan Repay 15,870.62
Mar 15, 2023 IDA-50160 Int Charges 197,649.20
Mar 15, 2023 IDA-50160 Int Charges 197,649.20
Sep 17, 2021 IDA-50160 Int Charges 213,684.42
Sep 17, 2021 IDA-50160 Int Charges 213,684.42
Sep 15, 2021 IDA-50160 Int Charges 1,839.35
Sep 15, 2021 IDA-50160 Int Charges 1,839.35
Mar 15, 2022 IDA-50160 Loan Repay 300.09
Mar 15, 2022 IDA-50160 Loan Repay 556,949.25
Mar 15, 2022 IDA-50160 Int Charges 208,968.50
Mar 15, 2022 IDA-50160 Int Charges 208,968.50
Mar 15, 2021 IDA-50160 Int Charges 4,011.64
Mar 15, 2021 IDA-50160 Int Charges 4,011.64
Mar 15, 2021 IDA-50160 Int Charges 216,414.72
Mar 15, 2021 IDA-50160 Int Charges 216,414.72
Sep 15, 2019 IDA-50160 Int Charges 207,839.73
Sep 15, 2019 IDA-50160 Int Charges 207,839.73
Mar 15, 2020 IDA-50160 Int Charges 1,752.85
Mar 15, 2020 IDA-50160 Int Charges 1,752.85
Mar 15, 2020 IDA-50160 Int Charges 207,038.39
Mar 15, 2020 IDA-50160 Int Charges 207,038.39
Sep 15, 2020 IDA-50160 Int Charges 210,142.62
Sep 15, 2020 IDA-50160 Int Charges 210,142.62
Sep 15, 2020 IDA-50160 Int Charges 499.95
Sep 15, 2020 IDA-50160 Int Charges 499.95
Mar 20, 2019 IDA-50160 Int Charges 211,195.55
Mar 20, 2019 IDA-50160 Int Charges 211,195.55
Mar 20, 2019 IDA-50160 Int Charges 108.44
Mar 20, 2019 IDA-50160 Int Charges 108.44
Sep 15, 2019 IDA-50160 Int Charges 195.53
Sep 15, 2019 IDA-50160 Int Charges 195.53
Mar 15, 2018 IDA-50160 Int Charges 217,019.77
Mar 15, 2018 IDA-50160 Int Charges 217,019.77
Mar 15, 2018 IDA-50160 Int Charges 5,155.59
Mar 15, 2018 IDA-50160 Int Charges 5,155.59
Sep 15, 2018 IDA-50160 Int Charges 3,043.89
Sep 15, 2018 IDA-50160 Int Charges 3,043.89
Sep 15, 2018 IDA-50160 Int Charges 212,399.94
Sep 15, 2018 IDA-50160 Int Charges 212,399.94
Mar 15, 2017 IDA-50160 Int Charges 939.92
Mar 15, 2017 IDA-50160 Int Charges 939.92
Mar 15, 2017 IDA-50160 Int Charges 204,464.40
Mar 15, 2017 IDA-50160 Int Charges 204,464.40
Sep 15, 2017 IDA-50160 Int Charges 210,405.10
Sep 15, 2017 IDA-50160 Int Charges 210,405.10
Sep 15, 2017 IDA-50160 Int Charges 251.12
Sep 15, 2017 IDA-50160 Int Charges 251.12
Sep 15, 2016 IDA-50160 Int Charges 1,565.22
Sep 15, 2016 IDA-50160 Int Charges 1,565.22
Sep 15, 2016 IDA-50160 Int Charges 211,171.73
Sep 15, 2016 IDA-50160 Int Charges 211,171.73
Sep 15, 2015 IDA-50160 Int Charges 8,579.46
Sep 15, 2015 IDA-50160 Int Charges 8,579.46
Sep 15, 2015 IDA-50160 Int Charges 203,159.97
Sep 15, 2015 IDA-50160 Int Charges 203,159.97
Mar 15, 2016 IDA-50160 Int Charges 1,928.13
Mar 15, 2016 IDA-50160 Int Charges 1,928.13
Mar 15, 2016 IDA-50160 Int Charges 209,593.73
Mar 15, 2016 IDA-50160 Int Charges 209,593.73
Mar 15, 2014 IDA-50160 Int Charges 3,116.74
Mar 15, 2014 IDA-50160 Int Charges 3,116.74
Mar 15, 2014 IDA-50160 Int Charges 232,422.40
Mar 15, 2014 IDA-50160 Int Charges 232,422.40
Sep 15, 2014 IDA-50160 Int Charges 2,447.95
Sep 15, 2014 IDA-50160 Int Charges 2,447.95
Sep 15, 2014 IDA-50160 Int Charges 227,210.61
Sep 15, 2014 IDA-50160 Int Charges 227,210.61
Mar 15, 2015 IDA-50160 Int Charges 6,941.49
Mar 15, 2015 IDA-50160 Int Charges 6,941.49
Mar 15, 2015 IDA-50160 Int Charges 200,751.38
Mar 15, 2015 IDA-50160 Int Charges 200,751.38
Sep 15, 2013 IDA-50160 Int Charges 5,139.28
Sep 15, 2013 IDA-50160 Int Charges 5,139.28
Sep 15, 2013 IDA-50160 Int Charges 221,936.48
Sep 15, 2013 IDA-50160 Int Charges 221,936.48
Nov 29, 2011 IDA-50160 Loan Commitment 65,000,000.00
Nov 29, 2011 IDA-H7370 Loan Commitment 60,000,000.00
Mar 15, 2023 IDA-50160 Loan Repay 7,977.38
Mar 15, 2023 IDA-50160 Loan Repay 529,843.56
Sep 15, 2023 IDA-50160 Loan Repay 9,485.92
Sep 15, 2023 IDA-50160 Loan Repay 523,276.97
Sep 15, 2023 IDA-50160 Int Charges 193,792.50
Sep 15, 2023 IDA-50160 Int Charges 193,792.50
Mar 15, 2024 IDA-50160 Loan Repay 518,247.72
Mar 15, 2024 IDA-50160 Int Charges 193,667.90
Mar 15, 2024 IDA-50160 Int Charges 193,667.90
Mar 15, 2024 IDA-50160 Loan Repay 19,718.68
Sep 15, 2022 IDA-50160 Loan Repay 507,273.03

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Satisfactory 2012-03-11
Overall Implementation Progress (IP) Satisfactory 2012-03-11
Progress towards achievement of PDO Satisfactory 2012-03-11
Monitoring and Evaluation Satisfactory 2012-03-11

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 07-30-2014
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-29-2016PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Index on business environmentValue36.0060.1063.40
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentIn the World Bank Doing Business Index published in October 2011, Rwanda improved from rank 50 to 45. The agreed metadata for thisindicator, however, is calculating the indicator not based on the ranking. The JBSR agreed to deviate from its normal policy ofassessment and regard this indicator as not met, but progress made instead of not met.The JBSR regarded target as not met but progress made (yellow).
  • Transition from basic to upper secondary educationValue82.0094.0088.00
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentThe JBSR regarded target as met (green).
  • Score of investor perceptionsValue79.0072.2071.20
    DateDecember 31, 2008June 30, 2011June 30, 2012
    CommentThere was no baseline in 2006, but there was a first actual reported in 2008.The JBSR regarded target as met (green).
  • Number of households and firms with access to electricityValue91,332215,000200,000
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentThe JBSR regarded target as met (green).
  • MW of electricity generatedValue45.0097.4490.00
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentThe JBSR regarded target as met (green).
  • Percentage of classified district road network in good conditionValue15.0015.1036.00
    DateDecember 31, 2008June 30, 2011June 30, 2011
    CommentThere are ongoing discussions on the methodology used for this indicator.The JBSR regarded target as not met (red).
  • Mineral fertilizer usedValue14000.0044000.0039200.00
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentThe JBSR regarded target as met (green).
  • Production of key food security cropValue1611.803000.001934.80
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentThe JBSR regarded target as met (green).
  • Primary school completion rateValue51.7079.0059.00
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentThe JBSR regarded target as met (green).
  • Percentage of employers satisfied with performance of TVET graduatesValue67.000.0068.00
    DateJune 30, 2010June 30, 2011June 30, 2011
    CommentThere was no baseline in 2006, but there was a first actual reported in 2010.N/A. The survey of employers was not undertaken and is planned in early 2012.The JBSR regarded target not due for assessment due to foreseen data unavailability (grey).
  • Percentage of planned outputs achieved in 4 selected SCBI priority areasValue0.000.000.00
    Date
    CommentThis is a new indicator and no baseline is available yet.
  • Percentage of internal audit reports submittedValue20.0065.0045.00
    DateDecember 31, 2006June 30, 2011June 30, 2011
    CommentThe JBSR regarded target as met (green).