Skip to Main Navigation

Tenth Poverty Reduction Support Credit (PRSC X)

Development Objective

The objective of the PRSC series is to assist the Republic of Mozambique to: (i) improve business climate and to increase transparency in the management of extractive industries; (ii) strengthen social protection; and (iii) enhance public finance management.

Key Details

Project Details

  • P146537

  • Closed

  • Enrique Blanco Armas

  • N/A

  • Mozambique

  • December 5, 2014

  • (as of board presentation)

    December 5, 2014

  • December 19, 2014

  • US$ 110.00 million

  • N/A

  • Not Applicable

  • March 31, 2015

  • BANK APPROVED

  • P131212

  • August 22, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
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 April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Nov 15, 2021 IDA-55600 Int Charges 7,221.28
May 31, 2022 IDA-55600 Loan Repay 771,115.25
May 31, 2022 IDA-55600 Int Charges 182,889.60
May 31, 2022 IDA-55600 Int Charges 182,889.60
May 15, 2021 IDA-55600 Int Charges 1,266.53
May 15, 2021 IDA-55600 Int Charges 1,266.53
Nov 15, 2020 IDA-55600 Int Charges 256.46
Nov 15, 2020 IDA-55600 Int Charges 256.46
Nov 18, 2020 IDA-55600 Int Charges 197,896.06
Nov 18, 2020 IDA-55600 Int Charges 197,896.06
May 15, 2021 IDA-55600 Loan Repay 838,492.30
May 15, 2021 IDA-55600 Int Charges 193,843.30
May 15, 2021 IDA-55600 Int Charges 193,843.30
Dec 3, 2019 IDA-55600 Int Charges 190,110.70
Dec 3, 2019 IDA-55600 Int Charges 190,110.70
Jun 3, 2020 IDA-55600 Int Charges 371.71
Jun 3, 2020 IDA-55600 Int Charges 371.71
Jun 3, 2020 IDA-55600 Int Charges 192,514.16
Jun 3, 2020 IDA-55600 Int Charges 192,514.16
May 15, 2019 IDA-55600 Int Charges 2,256.27
May 15, 2019 IDA-55600 Int Charges 2,256.27
May 29, 2019 IDA-55600 Int Charges 190,538.64
May 29, 2019 IDA-55600 Int Charges 190,538.64
Nov 15, 2019 IDA-55600 Int Charges 1,961.45
Nov 15, 2019 IDA-55600 Int Charges 1,961.45
May 15, 2018 IDA-55600 Int Charges 1,836.21
May 15, 2018 IDA-55600 Int Charges 1,836.21
May 15, 2018 IDA-55600 Int Charges 197,936.06
May 15, 2018 IDA-55600 Int Charges 197,936.06
Nov 19, 2018 IDA-55600 Int Charges 190,439.73
Nov 19, 2018 IDA-55600 Int Charges 190,439.73
Nov 15, 2018 IDA-55600 Int Charges 3,506.66
Nov 15, 2018 IDA-55600 Int Charges 3,506.66
Nov 17, 2017 IDA-55600 Int Charges 3,947.12
Nov 17, 2017 IDA-55600 Int Charges 197,355.23
Nov 17, 2017 IDA-55600 Int Charges 197,355.23
Nov 17, 2017 IDA-55600 Int Charges 3,947.12
May 15, 2016 IDA-55600 Int Charges 190,285.52
May 15, 2016 IDA-55600 Int Charges 190,285.52
May 15, 2017 IDA-55600 Int Charges 5,561.37
May 15, 2017 IDA-55600 Int Charges 5,561.37
May 17, 2017 IDA-55600 Int Charges 183,213.94
May 17, 2017 IDA-55600 Int Charges 183,213.94
Dec 29, 2014 IDA-55600 Loan Disb 54,036,512.00
Dec 29, 2014 IDA-D0050 Loan Disb 54,036,512.00
May 15, 2015 IDA-55600 Int Charges 144,882.34
May 15, 2015 IDA-55600 Int Charges 144,882.34
Nov 17, 2015 IDA-55600 Int Charges 4,635.18
Nov 17, 2015 IDA-55600 Int Charges 4,635.18
Nov 17, 2015 IDA-55600 Int Charges 192,739.36
Nov 17, 2015 IDA-55600 Int Charges 192,739.36
Dec 8, 2016 IDA-55600 Int Charges 2,324.75
Dec 8, 2016 IDA-55600 Int Charges 2,324.75
Dec 8, 2016 IDA-55600 Int Charges 190,374.06
Dec 8, 2016 IDA-55600 Int Charges 190,374.06
May 15, 2016 IDA-55600 Int Charges 4,663.86
May 15, 2016 IDA-55600 Int Charges 4,663.86
Dec 5, 2014 IDA-55600 Loan Commitment 55,000,000.00
Dec 5, 2014 IDA-D0050 Loan Commitment 55,000,000.00
Dec 1, 2023 IDA-55600 Int Charges 276.07
Dec 1, 2023 IDA-55600 Int Charges 276.07
Dec 1, 2023 IDA-55600 Loan Repay 776,457.75
Dec 1, 2023 IDA-55600 Int Charges 177.94
Dec 1, 2023 IDA-55600 Int Charges 177.94
Dec 1, 2023 IDA-55600 Int Charges 162,149.44
Dec 1, 2023 IDA-55600 Int Charges 162,149.44
Jun 4, 2024 IDA-55600 Loan Repay 772,768.56
Jun 4, 2024 IDA-55600 Int Charges 257.59
Jun 4, 2024 IDA-55600 Int Charges 257.59
Jun 4, 2024 IDA-55600 Int Charges 9,596.03
Jun 4, 2024 IDA-55600 Int Charges 9,596.03
Jun 4, 2024 IDA-55600 Int Charges 168,077.14
Jun 4, 2024 IDA-55600 Int Charges 168,077.14
May 26, 2023 IDA-55600 Int Charges 16,058.43
May 26, 2023 IDA-55600 Int Charges 16,058.43
May 26, 2023 IDA-55600 Loan Repay 776,084.75
May 26, 2023 IDA-55600 Int Charges 204.30
May 26, 2023 IDA-55600 Int Charges 204.30
May 26, 2023 IDA-55600 Int Charges 174,343.16
May 26, 2023 IDA-55600 Int Charges 174,343.16
May 15, 2022 IDA-55600 Loan Repay 15,289.28
Nov 28, 2022 IDA-55600 Loan Repay 746,108.40
Nov 28, 2022 IDA-55600 Int Charges 235.16
Nov 28, 2022 IDA-55600 Int Charges 235.16
Nov 28, 2022 IDA-55600 Int Charges 159,711.52
Nov 28, 2022 IDA-55600 Int Charges 159,711.52
Nov 15, 2022 IDA-55600 Loan Repay 21,501.20
Nov 15, 2021 IDA-55600 Int Charges 193,444.02
Nov 15, 2021 IDA-55600 Int Charges 193,444.02
Nov 15, 2021 IDA-55600 Loan Repay 818,810.75
Nov 15, 2021 IDA-55600 Int Charges 7,221.28

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2015-05-07
Program Management Moderately Satisfactory 2015-05-07
Overall Implementation Progress (IP) Satisfactory 2015-05-07
Monitoring and Evaluation Satisfactory 2015-05-07

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 02-12-2018
OutcomesModerately Unsatisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceModerately Unsatisfactory
Borrower PerformanceUnsatisfactory
Government PerformanceUnsatisfactory
Implementing AgencyUnsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-20-2018PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeHighN/a
Bank PerformanceUnsatisfactoryN/a
Borrower PerformanceHighly UnsatisfactoryN/a
Government PerformanceHighly UnsatisfactoryN/a
Implementing AgencyHighly UnsatisfactoryN/a
Icr QualityModestN/a
M&e QualityNegligibleN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of day needed to obtain a business licenseValue15.008.007.00
    DateDecember 31, 2011November 10, 2014December 31, 2015
    Comment
  • Percent of public investment that has been developed as projects, appraised and evaluated, following the guidelines adopted for project appraisal and evaluation.Value0.000.0090.00
    DateDecember 31, 2011December 31, 2015
    Comment
  • Percentage of payments made to beneficiaries from PASP and PSSB within the month they are due.Value0.000.0050.00
    DateDecember 31, 2011December 31, 2015
    Comment
  • Quarterly and yearly debt reports published.ValueThe IT system to support the preparation of the daBoth quarterly public debt reports and annual inteQuarterly public debt reports are prepared for the
    DateDecember 31, 2011December 31, 2015
    Comment
  • Coverage of the legal framework for managing mining activities.ValueLegislation in place does not set procedures for tLegislation provides clear authorization to issue
    DateDecember 31, 2011December 31, 2015
    Comment
  • The percentage of transfers to local districts for infrastructure development of local communities and assessment of the local development strategy.ValueLegislation in place sets basic principles for traTransfers from state budget to districts implementTransfer from the State Budget to districts has be
    DateDecember 31, 2011December 31, 2015
    Comment
  • Number of applied EITI principles and criteria.ValuezeroMozambique remains compliant with EITI using revisMozambique remains a compliant member of EITI with
    DateDecember 31, 2011December 31, 2014December 31, 2015
    Comment
  • Quality of coverage of the legal framework for managing Petroleum activities.ValueLegislation in place does not meet requirements wiNew legislation and regulations in Petroleum enfor
    DateDecember 31, 2011December 31, 2015
    Comment
  • Total number of direct public works program (PASP) beneficiaries.Value0.0010000.0020000.00
    DateDecember 31, 2011December 31, 2013December 31, 2015
    Comment
  • Percentage of recommendations implemented by the entities audited/inspected by the OCI’s and IGF.Value0.0033.0040.00
    DateDecember 31, 2011December 31, 2014December 31, 2015
    Comment