| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 966.00 |
Resiliance and Growth Development Policy Loan
Abstract*
This first loan in a programmatic series of two development policy loans (DPLs) is structured around three pillars. These are: (i) enhancing macroeconomic resilience, by reducing the general government fiscal deficit and debt levels toward the medium term objective (MTO) and bolstering macro-prudential oversight; (ii) strengthening labor market flexibility and employment promotion; and (iii) improving private sector competitiveness and innovation... Show More
Key Details
Project Details
P146243
Closed
Donato De Rosa
Ministry of Finance
July 1, 2014
(as of board presentation)
July 1, 2014
September 4, 2014
US$ 966.00 million
Ministry of Finance
2015
US$ 966.00 million
N/A
March 4, 2021
December 31, 2015
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 966.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 966.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 966.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 24, 2014 | IBRD-83840 | Loan Disb | 899,009,980.00 |
| Sep 10, 2014 | IBRD-83840 | Fee Charges | 2,266,425.00 |
| May 15, 2015 | IBRD-83840 | Int Charges | 918,857.30 |
| Nov 15, 2015 | IBRD-83840 | Int Charges | 2,277,543.50 |
| May 15, 2024 | IBRD-83840 | Loan Repay | 18,489,100.00 |
| Jul 1, 2014 | IBRD-83840 | Loan Commitment | 965,800,000.00 |
| May 15, 2024 | IBRD-83840 | Int Charges | 16,316,835.00 |
| Nov 15, 2023 | IBRD-83840 | Int Charges | 15,384,981.00 |
| Nov 15, 2023 | IBRD-83840 | Loan Repay | 18,559,128.00 |
| May 15, 2023 | IBRD-83840 | Int Charges | 10,817,112.00 |
| May 15, 2023 | IBRD-83840 | Loan Repay | 18,582,186.00 |
| Nov 15, 2022 | IBRD-83840 | Int Charges | 1,635,429.50 |
| Nov 15, 2022 | IBRD-83840 | Loan Repay | 17,783,696.00 |
| Nov 15, 2021 | IBRD-83840 | Int Charges | 860,351.80 |
| May 15, 2022 | IBRD-83840 | Int Charges | 731,199.75 |
| May 15, 2022 | IBRD-83840 | Loan Repay | 17,742,704.00 |
| May 15, 2021 | IBRD-83840 | Int Charges | 852,726.20 |
| May 15, 2020 | IBRD-83840 | Int Charges | 1,338,876.60 |
| Nov 15, 2020 | IBRD-83840 | Int Charges | 2,325,519.80 |
| May 15, 2018 | IBRD-83840 | Int Charges | 1,593,900.10 |
| Nov 15, 2018 | IBRD-83840 | Int Charges | 1,619,087.50 |
| May 15, 2019 | IBRD-83840 | Int Charges | 1,694,359.10 |
| Nov 15, 2019 | IBRD-83840 | Int Charges | 1,855,176.10 |
| May 15, 2016 | IBRD-83840 | Int Charges | 2,168,125.00 |
| Nov 15, 2016 | IBRD-83840 | Int Charges | 1,656,212.40 |
| May 15, 2017 | IBRD-83840 | Int Charges | 1,544,261.90 |
| Nov 15, 2017 | IBRD-83840 | Int Charges | 1,695,437.40 |
| May 15, 2015 | IBRD-83840 | Int Charges | 2,718,580.80 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-20-2018 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | Modest |
| Bank Performance | Substantial |
| Borrower Performance | Substantial |
| Government Performance | Substantial |
| Implementing Agency | Substantial |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-07-2018 | PROJECT PERFORMANCE ASSESSMENT REPORT: 04-26-2019 |
|---|---|---|
| Outcome Rating | Satisfactory | Moderately Satisfactory |
| Risk To Development Outcome | Modest | Substantial |
| Bank Performance | Satisfactory | Satisfactory |
| Borrower Performance | Satisfactory | Satisfactory |
| Government Performance | Satisfactory | Not Rated |
| Implementing Agency | Not Rated | Not Rated |
| Icr Quality | Substantial | Not Rated |
| M&e Quality | Modest | Substantial |
Results Framework
No data available.