Ninth Poverty Reduction Support Credit (PRSC 9)

Abstract*

The objectives of the Ninth Poverty Reduction Support Credit (PRSC) Program for Mozambique are to assist the Government to: 1) to improve the business climate and to increase transparency in extractive industries; 2) strengthen social protection; and 3) strengthen public financial management by enhancing effectiveness of internal audit, developing a public investment management process, and improving public debt management. This three-year PRSC series... Show More

Development Objective

To assist the Government of Mozambique to: (i) to improve the business climate and to increase transparency in extractive industries; (ii) strengthen social protection; and (iii) strengthen public financial management by enhancing effectiveness of internal audit,developing a public investment management process, and improve public debt management

Key Details

Project Details

Project ID
P131212
Status
Closed
Team Leader
Julio E. Revilla
Borrower 2
N/A

Country
Mozambique
Disclosure Date
July 16, 2013
Approval Date
(as of board presentation)
July 16, 2013
Effective Date
October 29, 2013

Total Project Cost 1
US$ 110.00 million
Implementing Agency
Ministry of Economy and Finance
Region
Eastern and Southern Africa
Fiscal Year 3
2014

Commitment Amount
US$ 110.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
March 31, 2014

Last Stage Reached
BANK APPROVED
Last Update Date
August 22, 2023

Associated Projects
P154422
P146537

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 Policy3%
- FY17 - Fiscal sustainability3%

FY17 - Private Sector Development

FY17 - Business Enabling Environment11%
- FY17 - Regulation and Competition Policy11%
FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration34%
- FY17 - Transparency, Accountability and Good Governance34%
FY17 - Public Finance Management31%
- FY17 - Debt Management3%
- FY17 - Public Expenditure Management28%

FY17 - Social Development and Protection

FY17 - Social Protection22%
- FY17 - Social Safety Nets22%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	110.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	110.00
IBRD + IDA Commitment	110.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	110.00

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$)
Sep 25, 2014	IDA-52990	Int Charges	410,108.75
Sep 25, 2014	IDA-52990	Int Charges	410,108.75
Mar 18, 2024	IDA-52990	Int Charges	38,335.88
Mar 18, 2024	IDA-52990	Int Charges	38,335.88
Mar 18, 2024	IDA-52990	Loan Repay	942,223.44
Mar 18, 2024	IDA-52990	Int Charges	101.42
Mar 18, 2024	IDA-52990	Int Charges	101.42
Mar 18, 2024	IDA-52990	Int Charges	324,527.25
Mar 18, 2024	IDA-52990	Int Charges	324,527.25
Mar 15, 2024	IDA-52990	Loan Repay	35,185.15
Jul 16, 2013	IDA-52990	Loan Commitment	110,000,000.00
Mar 17, 2023	IDA-52990	Int Charges	363,375.06
Mar 17, 2023	IDA-52990	Int Charges	363,375.06
Mar 15, 2023	IDA-52990	Int Charges	3,963.59
Mar 15, 2023	IDA-52990	Int Charges	3,963.59
Sep 20, 2023	IDA-52990	Loan Repay	964,809.20
Sep 15, 2023	IDA-52990	Loan Repay	3,811.21
Sep 20, 2023	IDA-52990	Int Charges	363,233.66
Sep 20, 2023	IDA-52990	Int Charges	363,233.66
Sep 15, 2022	IDA-52990	Int Charges	6,789.42
Sep 15, 2022	IDA-52990	Int Charges	6,789.42
Sep 15, 2022	IDA-52990	Int Charges	349,634.56
Sep 15, 2022	IDA-52990	Int Charges	349,634.56
Mar 17, 2022	IDA-52990	Int Charges	379,150.03
Mar 17, 2022	IDA-52990	Int Charges	379,150.03
Sep 15, 2021	IDA-52990	Int Charges	3,335.87
Sep 15, 2021	IDA-52990	Int Charges	3,335.87
Mar 15, 2022	IDA-52990	Int Charges	1,585.02
Mar 15, 2022	IDA-52990	Int Charges	1,585.02
Sep 20, 2021	IDA-52990	Int Charges	387,194.75
Sep 20, 2021	IDA-52990	Int Charges	387,194.75
Sep 17, 2020	IDA-52990	Int Charges	845.32
Sep 17, 2020	IDA-52990	Int Charges	845.32
Sep 17, 2020	IDA-52990	Int Charges	378,308.72
Sep 17, 2020	IDA-52990	Int Charges	378,308.72
Mar 15, 2021	IDA-52990	Int Charges	6,577.36
Mar 15, 2021	IDA-52990	Int Charges	6,577.36
Mar 15, 2021	IDA-52990	Int Charges	393,189.12
Mar 15, 2021	IDA-52990	Int Charges	393,189.12
Sep 15, 2020	IDA-52990	Int Charges	3,548.05
Sep 15, 2020	IDA-52990	Int Charges	3,548.05
Sep 23, 2019	IDA-52990	Int Charges	376,143.44
Sep 15, 2019	IDA-52990	Int Charges	328.28
Sep 15, 2019	IDA-52990	Int Charges	328.28
Mar 15, 2020	IDA-52990	Int Charges	4,677.94
Mar 15, 2020	IDA-52990	Int Charges	4,677.94
Mar 17, 2020	IDA-52990	Int Charges	372,020.88
Mar 17, 2020	IDA-52990	Int Charges	372,020.88
Sep 21, 2018	IDA-52990	Int Charges	5,405.56
Sep 21, 2018	IDA-52990	Int Charges	5,405.56
Sep 21, 2018	IDA-52990	Int Charges	385,885.60
Sep 21, 2018	IDA-52990	Int Charges	385,885.60
Mar 19, 2019	IDA-52990	Int Charges	875.03
Mar 19, 2019	IDA-52990	Int Charges	875.03
Mar 19, 2019	IDA-52990	Int Charges	383,734.28
Mar 19, 2019	IDA-52990	Int Charges	383,734.28
Sep 23, 2019	IDA-52990	Int Charges	376,143.44
Sep 15, 2017	IDA-52990	Int Charges	456.25
Sep 15, 2017	IDA-52990	Int Charges	456.25
Sep 15, 2017	IDA-52990	Int Charges	107,195.25
Sep 15, 2017	IDA-52990	Int Charges	107,195.25
Sep 15, 2017	IDA-52990	Int Charges	275,075.38
Sep 15, 2017	IDA-52990	Int Charges	275,075.38
Mar 16, 2018	IDA-52990	Int Charges	394,291.62
Mar 16, 2018	IDA-52990	Int Charges	394,291.62
Mar 16, 2018	IDA-52990	Int Charges	9,363.62
Mar 16, 2018	IDA-52990	Int Charges	9,363.62
Mar 15, 2017	IDA-52990	Int Charges	1,707.66
Mar 15, 2017	IDA-52990	Int Charges	1,707.66
Mar 15, 2017	IDA-52990	Int Charges	371,477.40
Mar 15, 2017	IDA-52990	Int Charges	371,477.40
Mar 15, 2016	IDA-52990	Int Charges	3,503.11
Mar 15, 2016	IDA-52990	Int Charges	3,503.11
Sep 15, 2016	IDA-52990	Int Charges	383,663.50
Sep 15, 2016	IDA-52990	Int Charges	383,663.50
Sep 15, 2016	IDA-52990	Int Charges	2,843.75
Sep 15, 2016	IDA-52990	Int Charges	2,843.75
Mar 15, 2015	IDA-52990	Int Charges	15,238.99
Mar 15, 2015	IDA-52990	Int Charges	15,238.99
Mar 15, 2015	IDA-52990	Int Charges	362,103.97
Mar 15, 2015	IDA-52990	Int Charges	362,103.97
Sep 15, 2015	IDA-52990	Int Charges	15,587.39
Sep 15, 2015	IDA-52990	Int Charges	15,587.39
Sep 15, 2015	IDA-52990	Int Charges	369,107.50
Sep 15, 2015	IDA-52990	Int Charges	369,107.50
Mar 15, 2016	IDA-52990	Int Charges	380,796.53
Mar 15, 2016	IDA-52990	Int Charges	380,796.53
Dec 30, 2013	IDA-52990	Loan Disb	113,036,000.00
Mar 15, 2014	IDA-52990	Int Charges	175,971.90
Mar 15, 2014	IDA-52990	Int Charges	175,971.90
Sep 25, 2014	IDA-52990	Int Charges	1,816.93
Sep 25, 2014	IDA-52990	Int Charges	1,816.93

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Satisfactory	2014-03-15
Overall Implementation Progress (IP)	Satisfactory	2014-03-15
Progress towards achievement of PDO	Satisfactory	2014-03-15
Monitoring and Evaluation	Satisfactory	2014-03-15

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-12-2018
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	Substantial
Bank Performance	Moderately Unsatisfactory
Borrower Performance	Unsatisfactory
Government Performance	Unsatisfactory
Implementing Agency	Unsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-20-2018	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Unsatisfactory	N/a
Risk To Development Outcome	High	N/a
Bank Performance	Unsatisfactory	N/a
Borrower Performance	Highly Unsatisfactory	N/a
Government Performance	Highly Unsatisfactory	N/a
Implementing Agency	Highly Unsatisfactory	N/a
Icr Quality	Modest	N/a
M&e Quality	Negligible	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of day needed to obtain a business license	Value	15.00	0.00	7.00
	Date	December 31, 2011		December 31, 2015
	Comment	15 days to obtain a Commercial License.40 days to obtain an Industrial License.		7 days to obtain a Commercial License.20 days to obtain an Industrial License

Percent of public investment that has been developed as projects, appraised and evaluated, following the guidelines adopted for project appraisal and evaluation.	Value	0.00	0.00	90.00
	Date	December 31, 2011		December 31, 2015
	Comment

Percentage of payments made to beneficiaries from PASP and PSSB within the month they are due.	Value	0.00	0.00	50.00
	Date	December 31, 2011		December 31, 2015
	Comment			Percentage of payments made to beneficiaries from PASP and PSSB within the month they are due reaches 50 percent.

Quarterly and yearly debt reports published. Value The IT system to support the preparation of the da Quarterly public debt reports are prepared for the
Date December 31, 2011 December 31, 2015
Comment

Coverage of the legal framework for managing mining activities.	Value	Legislation in place does not set procedures for t	Legislation provides clear authorization to issue
	Date	December 31, 2011	December 31, 2015
	Comment

The percentage of transfers to local districts for infrastructure development of local communities and assessment of the local development strategy.	Value	Legislation in place sets basic principles for tra	Transfer from the State Budget to districts has be
	Date	December 31, 2011	December 31, 2015
	Comment

Number of applied EITI principles and criteria. Value zero Mozambique remains a compliant member of EITI with
Date December 31, 2011 December 31, 2015
Comment

Quality of coverage of the legal framework for managing Petroleum activities.	Value	Legislation in place does not meet requirements wi	New legislation and regulations in Petroleum enfor
	Date	December 31, 2011	December 31, 2015
	Comment

Total number of direct public works program (PASP) beneficiaries. Value 0.00 0.00 20000.00
Date December 31, 2011 December 31, 2015
Comment
Percentage of recommendations implemented by the entities audited/inspected by the OCI’s and IGF. Value 0.00 0.00 40.00
Date December 31, 2011 December 31, 2015
Comment

Quarterly and yearly debt reports published.	Value	The IT system to support the preparation of the da	Quarterly public debt reports are prepared for the
	Date	December 31, 2011	December 31, 2015
	Comment

Number of applied EITI principles and criteria.	Value	zero	Mozambique remains a compliant member of EITI with
	Date	December 31, 2011	December 31, 2015
	Comment