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Côte d'Ivoire: Poverty Reduction Support Credit 2

Abstract*

Following the return of political stability in mid-2011, the Republic of Côte d’Ivoire has made significant economic headway, consolidating an incipient recovery through sound macroeconomic management and consistent progress on structural reforms. The Second Poverty Reduction Support Credit (PRSC-2) in the amount of US$70 million is the second in a programmatic series of three development policy operations (DPOs) designed to assist Côte d’Ivoire in...

* 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 PRSC-2's program development objectives (PDOs) focus on strengthening public administration and facilitating private-sector growth. Enhancing governance and improving the business climate are regarded as critical to reducing extreme poverty and promoting shared prosperity. Pillar 1 of the PRSC-2 encompasses good governance, greater financial transparency among public institutions, and more effective PFM. Pillar 2 includes measures to reform the regulatory structure for the private sector and improve the business environment. Pillar 3 focuses on strengthening economic sectors with high growth potential, including governance reforms in the agriculture sector and improved technical and financial efficiency in the energy sector.

Key Details

Project Details

  • P143781

  • Closed

  • Samba Ba

  • N/A

  • Cote d'Ivoire

  • December 4, 2014

  • (as of board presentation)

    December 4, 2014

  • December 15, 2014

  • US$ 70.00 million

  • Ministry of Economy and Finance

  • Western and Central Africa

  • 2015

  • US$ 70.00 million

  • N/A

  • Not Applicable

  • June 30, 2015

  • BANK APPROVED

  • P127449

  • March 6, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 70.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 70.00
IBRD + IDA Commitment 70.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 70.00

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$)
Mar 1, 2022 IDA-55580 Int Charges 4,429.04
Mar 1, 2022 IDA-55580 Loan Repay 1,030,797.60
Mar 1, 2022 IDA-55580 Int Charges 227,931.27
Mar 1, 2022 IDA-55580 Int Charges 227,931.27
Sep 5, 2022 IDA-55580 Int Charges 10,934.01
Sep 5, 2022 IDA-55580 Int Charges 10,934.01
Sep 5, 2022 IDA-55580 Loan Repay 960,912.06
Sep 5, 2022 IDA-55580 Int Charges 186,566.84
Sep 5, 2022 IDA-55580 Int Charges 186,566.84
Mar 3, 2023 IDA-55580 Int Charges 34,002.64
Mar 3, 2023 IDA-55580 Int Charges 34,002.64
Mar 3, 2023 IDA-55580 Loan Repay 982,906.50
Mar 3, 2023 IDA-55580 Int Charges 81.91
Mar 3, 2023 IDA-55580 Int Charges 81.91
Mar 3, 2023 IDA-55580 Int Charges 214,912.60
Mar 1, 2018 IDA-55580 Int Charges 249,402.38
Mar 1, 2018 IDA-55580 Int Charges 6,655.57
Mar 1, 2018 IDA-55580 Int Charges 6,655.57
Sep 1, 2018 IDA-55580 Int Charges 248,128.27
Sep 1, 2018 IDA-55580 Int Charges 248,128.27
Sep 1, 2018 IDA-55580 Int Charges 442.70
Sep 1, 2018 IDA-55580 Int Charges 442.70
Mar 1, 2019 IDA-55580 Int Charges 243,006.31
Mar 1, 2019 IDA-55580 Int Charges 243,006.31
Mar 1, 2019 IDA-55580 Int Charges 1,429.93
Mar 1, 2019 IDA-55580 Int Charges 1,429.93
Sep 1, 2019 IDA-55580 Int Charges 2,854.54
Sep 1, 2019 IDA-55580 Int Charges 2,854.54
Sep 1, 2019 IDA-55580 Int Charges 239,759.78
Sep 1, 2019 IDA-55580 Int Charges 239,759.78
Mar 1, 2020 IDA-55580 Int Charges 2,959.60
Mar 1, 2020 IDA-55580 Int Charges 2,959.60
Mar 1, 2020 IDA-55580 Int Charges 240,320.80
Mar 1, 2020 IDA-55580 Int Charges 240,320.80
Mar 1, 2015 IDA-55580 Int Charges 81,909.08
Mar 1, 2015 IDA-55580 Int Charges 81,909.08
Dec 29, 2014 IDA-55580 Loan Disb 68,349,264.00
Sep 1, 2015 IDA-55580 Int Charges 3,859.23
Sep 1, 2015 IDA-55580 Int Charges 3,859.23
Sep 1, 2015 IDA-55580 Int Charges 249,313.27
Sep 1, 2015 IDA-55580 Int Charges 249,313.27
Jun 26, 2015 IDA-55580 Loan Disb 169,037.77
Jun 30, 2015 IDA-55580 Loan Cancel 154.58
Mar 1, 2016 IDA-55580 Int Charges 2,569.64
Mar 1, 2016 IDA-55580 Int Charges 2,569.64
Mar 1, 2016 IDA-55580 Int Charges 242,583.31
Mar 1, 2016 IDA-55580 Int Charges 242,583.31
Sep 1, 2016 IDA-55580 Int Charges 1,004.73
Sep 1, 2016 IDA-55580 Int Charges 1,004.73
Sep 1, 2016 IDA-55580 Int Charges 246,507.31
Sep 1, 2016 IDA-55580 Int Charges 246,507.31
Mar 1, 2017 IDA-55580 Int Charges 237,239.20
Mar 1, 2017 IDA-55580 Int Charges 237,239.20
Mar 1, 2017 IDA-55580 Int Charges 668.81
Mar 1, 2017 IDA-55580 Int Charges 668.81
Sep 1, 2017 IDA-55580 Int Charges 1,339.64
Sep 1, 2017 IDA-55580 Int Charges 1,339.64
Sep 1, 2017 IDA-55580 Int Charges 251,405.40
Sep 1, 2017 IDA-55580 Int Charges 251,405.40
Mar 1, 2018 IDA-55580 Int Charges 249,402.38
Mar 3, 2023 IDA-55580 Int Charges 214,912.60
Sep 1, 2023 IDA-55580 Int Charges 6,241.74
Sep 1, 2023 IDA-55580 Int Charges 6,241.74
Sep 1, 2023 IDA-55580 Loan Repay 982,965.60
Sep 1, 2023 IDA-55580 Int Charges 40.96
Sep 1, 2023 IDA-55580 Int Charges 40.96
Sep 1, 2023 IDA-55580 Int Charges 216,748.19
Sep 1, 2023 IDA-55580 Int Charges 216,748.19
Mar 1, 2024 IDA-55580 Int Charges 731.13
Mar 1, 2024 IDA-55580 Int Charges 731.13
Mar 1, 2024 IDA-55580 Loan Repay 980,475.00
Mar 1, 2024 IDA-55580 Int Charges 203,278.77
Mar 1, 2024 IDA-55580 Int Charges 203,278.77
Dec 4, 2014 IDA-55580 Loan Commitment 70,000,000.00
Sep 25, 2020 IDA-55580 Int Charges 3,335.90
Sep 25, 2020 IDA-55580 Int Charges 3,335.90
Sep 25, 2020 IDA-55580 Int Charges 248,938.12
Sep 25, 2020 IDA-55580 Int Charges 248,938.12
Mar 1, 2021 IDA-55580 Loan Repay 5,123.87
Mar 4, 2021 IDA-55580 Loan Repay 1,056,015.50
Mar 4, 2021 IDA-55580 Int Charges 239,435.06
Mar 4, 2021 IDA-55580 Int Charges 239,435.06
Sep 1, 2021 IDA-55580 Int Charges 15,104.39
Sep 1, 2021 IDA-55580 Int Charges 15,104.39
Sep 1, 2021 IDA-55580 Int Charges 65.43
Sep 1, 2021 IDA-55580 Int Charges 65.43
Sep 1, 2021 IDA-55580 Loan Repay 1,051,860.90
Sep 1, 2021 IDA-55580 Int Charges 243,982.60
Sep 1, 2021 IDA-55580 Int Charges 243,982.60
Mar 1, 2022 IDA-55580 Int Charges 4,429.04

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-22-2017
OutcomesModerately Unsatisfactory
Risk to Development OutcomeHigh
Bank PerformanceModerately Unsatisfactory
Borrower PerformanceModerately Unsatisfactory
Government PerformanceModerately Unsatisfactory
Implementing AgencyModerately Unsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-13-2021PROJECT PERFORMANCE ASSESSMENT REPORT: 06-29-2018
Outcome RatingModerately Unsatisfactory Moderately Unsatisfactory
Risk To Development OutcomeHighHigh
Bank PerformanceModerately UnsatisfactoryUnsatisfactory
Borrower PerformanceModerately Unsatisfactory
Government PerformanceModerately Unsatisfactory
Implementing AgencyNot Applicable/not RelatedModerately Unsatisfactory
Icr QualitySubstantial
M&e QualityNegligible

Results Framework

No data available.