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P146890 - Georgia Competitiveness and Growth DPO3

Abstract*

The Third Competitiveness and Growth Development Policy Operation Project in Georgia will help the government in its efforts to strengthen competitiveness and improve social and fiscal outcomes with the ultimate objective of eliminating extreme poverty and boosting shared prosperity. These objectives will be achieved through reforms in the areas of trade and trade facilitation, the power sector, education, public financial management, and effectiveness...

* 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 objective is to support the Government of Georgia's medium-term reform program aimed at strengthening competitiveness and inclusive growth.

Key Details

Project Details

  • P146890

  • Closed

  • Mona Prasad

  • Ministry of Finance

  • Georgia

  • June 26, 2014

  • (as of board presentation)

    June 26, 2014

  • August 12, 2014

  • US$ 92.80 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2014

  • US$ 92.80 million

  • N/A

  • Not Applicable

  • March 31, 2015

  • BANK APPROVED

  • P143060

  • February 26, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 22.80
International Bank for Reconstruction and Development 70.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 70.00
IDA Commitment 22.80
IBRD + IDA Commitment 92.80
Lending Instrument
Grant Amount N/A
Total Project Cost** 92.80

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

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 15, 2016 IDA-55110 Int Charges 1,922.53
Jun 15, 2016 IDA-55110 Int Charges 1,922.53
Jun 15, 2016 IDA-55110 Int Charges 39,230.21
Jun 15, 2016 IDA-55110 Int Charges 39,230.21
Jun 15, 2016 IDA-55110 Int Charges 68,539.53
Jun 15, 2016 IDA-55120 Int Charges 1,813.03
Jun 15, 2016 IDA-55120 Int Charges 1,813.03
Jun 15, 2016 IDA-55120 Int Charges 34,287.90
Jun 15, 2016 IDA-55120 Int Charges 34,287.90
Jun 15, 2016 IDA-55120 Int Charges 67,342.78
Jun 15, 2016 IBRD-83940 Int Charges 462,583.34
Dec 15, 2016 IDA-55110 Int Charges 39,208.66
Dec 15, 2016 IDA-55110 Int Charges 39,208.66
Dec 15, 2016 IDA-55120 Int Charges 43.46
Dec 15, 2016 IBRD-83940 Int Charges 537,308.30
Dec 15, 2016 IDA-55120 Int Charges 34,395.50
Dec 15, 2016 IDA-55120 Int Charges 34,395.50
Dec 15, 2016 IDA-55120 Int Charges 64,204.94
Dec 15, 2016 IDA-55110 Int Charges 65,347.80
Dec 15, 2016 IDA-55110 Int Charges 46.10
Dec 15, 2014 IDA-55110 Int Charges 25,898.15
Dec 15, 2014 IDA-55110 Int Charges 25,898.15
Dec 15, 2014 IDA-55110 Int Charges 43,163.59
Dec 15, 2014 IDA-55120 Int Charges 22,718.94
Dec 15, 2014 IDA-55120 Int Charges 22,718.94
Dec 15, 2014 IDA-55120 Int Charges 42,408.72
Aug 27, 2014 IBRD-83940 Loan Disb 69,825,000.00
Jun 15, 2015 IBRD-83940 Int Charges 297,266.66
Jun 15, 2015 IDA-55110 Int Charges 1,084.56
Jun 15, 2015 IDA-55110 Int Charges 1,084.56
Jun 15, 2015 IDA-55110 Int Charges 40,015.20
Jun 15, 2015 IDA-55110 Int Charges 40,015.20
Jun 15, 2015 IDA-55110 Int Charges 66,018.77
Jun 15, 2015 IDA-55120 Int Charges 1,022.78
Jun 15, 2015 IDA-55120 Int Charges 1,022.78
Jun 15, 2015 IDA-55120 Int Charges 35,031.68
Jun 15, 2015 IDA-55120 Int Charges 35,031.68
Jun 15, 2015 IDA-55120 Int Charges 64,962.08
Aug 26, 2014 IDA-55120 Loan Disb 10,397,362.00
Aug 26, 2014 IDA-55110 Loan Disb 11,852,325.00
Aug 12, 2014 IBRD-83940 Loan Disb 175,000.00
Aug 12, 2014 IBRD-83940 Fee Charges 175,000.00
Dec 15, 2014 IBRD-83940 Int Charges 177,588.30
Dec 15, 2015 IBRD-83940 Int Charges 345,158.34
Dec 15, 2015 IDA-55110 Int Charges 2,462.20
Dec 15, 2015 IDA-55110 Int Charges 40,790.43
Dec 15, 2015 IDA-55110 Int Charges 40,790.43
Dec 15, 2015 IDA-55110 Int Charges 67,984.09
Dec 15, 2015 IDA-55120 Int Charges 2,321.97
Dec 15, 2015 IDA-55120 Int Charges 35,783.10
Dec 15, 2015 IDA-55120 Int Charges 35,783.10
Dec 15, 2015 IDA-55120 Int Charges 66,795.12
Dec 15, 2019 IDA-55110 Int Charges 63,025.77
Dec 15, 2019 IDA-55120 Loan Repay 528.43
Dec 15, 2019 IBRD-83940 Int Charges 1,074,616.60
Dec 15, 2019 IDA-55110 Loan Repay 560.32
Dec 15, 2019 IDA-55110 Loan Repay 106,411.47
Dec 15, 2019 IDA-55120 Loan Repay 100,349.75
Dec 15, 2019 IDA-55120 Loan Repay 211,812.66
Dec 15, 2019 IDA-55120 Int Charges 35,533.05
Dec 15, 2019 IDA-55120 Int Charges 35,533.05
Dec 15, 2019 IDA-55120 Int Charges 62,326.87
Dec 15, 2019 IDA-55110 Loan Repay 249,475.69
Jun 15, 2019 IDA-55120 Int Charges 34,125.53
Jun 15, 2019 IDA-55120 Int Charges 34,125.53
Jun 15, 2019 IDA-55110 Int Charges 1,471.85
Jun 15, 2019 IDA-55110 Int Charges 1,471.85
Jun 15, 2019 IDA-55110 Int Charges 39,011.30
Jun 15, 2019 IDA-55110 Int Charges 39,011.30
Jun 15, 2019 IDA-55120 Int Charges 66,291.94
Jun 15, 2019 IBRD-83940 Int Charges 1,270,461.10
Jun 15, 2019 IDA-55110 Int Charges 67,471.95
Jun 15, 2019 IDA-55120 Int Charges 1,388.01
Jun 15, 2019 IDA-55120 Int Charges 1,388.01
Dec 15, 2018 IDA-55120 Int Charges 32,210.32
Dec 15, 2018 IDA-55120 Int Charges 32,210.32
Dec 15, 2018 IDA-55120 Int Charges 66,083.96
Dec 15, 2018 IDA-55110 Int Charges 3,384.59
Dec 15, 2018 IDA-55110 Int Charges 3,384.59
Dec 15, 2018 IBRD-83940 Int Charges 1,127,991.60
Dec 15, 2018 IDA-55110 Int Charges 36,971.55
Dec 15, 2018 IDA-55110 Int Charges 36,971.55
Dec 15, 2018 IDA-55110 Int Charges 67,260.26
Dec 15, 2018 IDA-55120 Int Charges 3,191.80
Dec 15, 2018 IDA-55120 Int Charges 3,191.80
Jun 15, 2018 IDA-55110 Int Charges 56.34
Jun 15, 2018 IDA-55110 Int Charges 56.34
Jun 15, 2018 IDA-55110 Int Charges 41,238.04
Jun 15, 2018 IDA-55110 Int Charges 41,238.04
Jun 15, 2018 IBRD-83940 Int Charges 856,411.10
Jun 15, 2018 IDA-55110 Int Charges 68,823.99
Jun 15, 2018 IDA-55120 Int Charges 53.15
Jun 15, 2018 IDA-55120 Int Charges 53.15
Jun 15, 2018 IDA-55120 Int Charges 36,172.03
Jun 15, 2018 IDA-55120 Int Charges 36,172.03
Jun 15, 2018 IDA-55120 Int Charges 67,620.34
Dec 15, 2017 IBRD-83940 Int Charges 736,575.00
Dec 15, 2017 IDA-55110 Int Charges 1,885.00
Dec 15, 2017 IDA-55110 Int Charges 41,382.47
Dec 15, 2017 IDA-55110 Int Charges 41,382.47
Dec 15, 2017 IDA-55120 Int Charges 1,777.61
Dec 15, 2017 IDA-55120 Int Charges 36,302.46
Dec 15, 2017 IDA-55120 Int Charges 36,302.46
Dec 15, 2017 IDA-55120 Int Charges 67,764.58
Dec 15, 2017 IDA-55110 Int Charges 68,970.80
Jun 15, 2017 IDA-55110 Int Charges 37,416.11
Jun 15, 2017 IDA-55110 Int Charges 37,416.11
Jun 15, 2017 IBRD-83940 Int Charges 675,927.75
Jun 15, 2017 IDA-55110 Int Charges 65,574.29
Jun 15, 2017 IDA-55120 Int Charges 32,623.39
Jun 15, 2017 IDA-55120 Int Charges 64,500.22
Jun 15, 2017 IDA-55120 Int Charges 32,623.39
Jun 15, 2017 IDA-55110 Int Charges 3,033.97
Jun 15, 2017 IDA-55110 Int Charges 3,033.97
Jun 15, 2017 IDA-55120 Int Charges 2,861.14
Jun 15, 2017 IDA-55120 Int Charges 2,861.14
Dec 15, 2021 IDA-55110 Int Charges 2,093.80
Dec 15, 2021 IDA-55110 Loan Repay 118.52
Dec 15, 2021 IDA-55110 Int Charges 36,823.66
Dec 15, 2021 IDA-55110 Int Charges 36,823.66
Dec 15, 2021 IDA-55110 Loan Repay 179,708.34
Dec 15, 2021 IDA-55120 Int Charges 1,886.01
Dec 15, 2021 IDA-55120 Loan Repay 157,598.53
Jun 15, 2022 IDA-55110 Loan Repay 91,240.79
Jun 15, 2022 IDA-55110 Loan Repay 77,175.44
Jun 15, 2022 IDA-55120 Int Charges 30,242.06
Jun 15, 2022 IDA-55120 Int Charges 30,242.06
Jun 15, 2022 IDA-55110 Int Charges 0.01
Jun 15, 2022 IDA-55110 Int Charges 34,474.03
Jun 15, 2022 IDA-55110 Int Charges 34,474.03
Jun 15, 2022 IDA-55110 Int Charges 57,456.71
Jun 15, 2022 IDA-55120 Loan Repay 86,174.20
Jun 15, 2022 IDA-55120 Loan Repay 61,496.18
Jun 15, 2022 IBRD-83940 Int Charges 364,505.56
Jun 15, 2022 IDA-55110 Loan Repay 3,076.90
Jun 15, 2022 IDA-55120 Int Charges 56,451.85
Jun 15, 2022 IDA-55120 Loan Repay 2,770.68
Jun 15, 2021 IDA-55120 Int Charges 4,885.03
Jun 15, 2021 IDA-55120 Loan Repay 156,488.19
Jun 15, 2021 IDA-55120 Loan Repay 6,079.01
Jun 15, 2021 IDA-55120 Int Charges 33,898.93
Jun 15, 2021 IDA-55120 Int Charges 33,898.93
Jun 15, 2021 IDA-55110 Loan Repay 6,783.51
Jun 15, 2021 IDA-55110 Loan Repay 178,532.66
Jun 15, 2021 IDA-55110 Int Charges 38,642.64
Jun 15, 2021 IDA-55110 Int Charges 38,642.64
Jun 15, 2021 IDA-55110 Int Charges 62,246.66
Jun 15, 2021 IDA-55120 Int Charges 61,334.48
Jun 15, 2021 IDA-55110 Int Charges 5,422.46
Jun 15, 2021 IBRD-83940 Int Charges 336,194.44
Dec 15, 2020 IDA-55110 Loan Repay 177,290.06
Dec 15, 2020 IDA-55110 Loan Repay 7,872.87
Dec 15, 2020 IDA-55110 Int Charges 39,305.03
Dec 15, 2020 IDA-55110 Int Charges 39,305.03
Dec 15, 2020 IDA-55110 Int Charges 0.01
Dec 15, 2020 IDA-55110 Int Charges 0.01
Dec 15, 2020 IDA-55110 Int Charges 60,090.41
Dec 15, 2020 IDA-55110 Int Charges 4,465.72
Dec 15, 2020 IDA-55120 Int Charges 34,480.03
Dec 15, 2020 IDA-55120 Int Charges 34,480.03
Dec 15, 2020 IDA-55120 Int Charges 59,481.78
Dec 15, 2020 IDA-55120 Int Charges 3,984.12
Dec 15, 2020 IDA-55120 Loan Repay 155,459.77
Dec 15, 2020 IDA-55120 Loan Repay 6,973.01
Dec 15, 2020 IBRD-83940 Int Charges 394,975.00
Jun 15, 2020 IDA-55110 Loan Repay 7,748.83
Jun 15, 2020 IDA-55110 Int Charges 39,034.56
Jun 15, 2020 IDA-55110 Int Charges 39,034.56
Jun 15, 2020 IDA-55110 Int Charges 60,773.95
Jun 15, 2020 IDA-55110 Int Charges 4,467.88
Jun 15, 2020 IDA-55110 Loan Repay 347,477.94
Jun 15, 2020 IDA-55120 Int Charges 3,987.77
Jun 15, 2020 IDA-55120 Loan Repay 304,754.03
Jun 15, 2020 IBRD-83940 Int Charges 918,050.00
Jun 15, 2020 IDA-55120 Loan Repay 6,865.96
Jun 15, 2020 IDA-55120 Int Charges 34,242.78
Jun 15, 2020 IDA-55120 Int Charges 34,242.78
Jun 15, 2020 IDA-55120 Int Charges 60,098.20
Dec 15, 2019 IDA-55110 Int Charges 40,505.39
Dec 15, 2019 IDA-55110 Int Charges 40,505.39
Jun 15, 2024 IDA-55120 Int Charges 8,644.13
Jun 15, 2024 IDA-55120 Loan Repay 74,490.65
Jun 15, 2024 IDA-55110 Loan Repay 260,339.52
Jun 15, 2024 IDA-55110 Int Charges 49,015.12
Jun 15, 2024 IDA-55110 Int Charges 9,711.32
Jun 15, 2024 IBRD-83940 Int Charges 13,918.35
Jun 15, 2024 IBRD-83940 Int Charges 2,310,801.00
Jun 15, 2024 IDA-55120 Int Charges 26,012.66
Jun 15, 2024 IDA-55120 Int Charges 26,012.66
Jun 15, 2024 IDA-55120 Int Charges 48,195.59
Jun 15, 2024 IDA-55110 Int Charges 29,652.77
Jun 15, 2024 IDA-55110 Int Charges 29,652.77
Jun 15, 2024 IDA-55110 Loan Repay 78,989.80
Jun 15, 2024 IDA-55120 Loan Repay 223,183.44
Jun 26, 2014 IBRD-83940 Loan Commitment 70,000,000.00
Jun 26, 2014 IDA-55110 Loan Commitment 12,090,000.00
Jun 26, 2014 IDA-55120 Loan Commitment 10,600,000.00
Dec 15, 2023 IDA-55110 Loan Repay 6,705.93
Dec 15, 2023 IDA-55110 Loan Repay 75,279.45
Dec 15, 2023 IDA-55110 Loan Repay 263,310.94
Dec 15, 2023 IDA-55110 Int Charges 31,469.04
Dec 15, 2023 IDA-55110 Int Charges 31,469.04
Dec 15, 2023 IDA-55110 Int Charges 42,566.34
Dec 15, 2023 IDA-55120 Loan Repay 71,343.15
Dec 15, 2023 IDA-55120 Loan Repay 5,971.96
Dec 15, 2023 IDA-55120 Loan Repay 225,593.48
Dec 15, 2023 IDA-55120 Int Charges 27,605.98
Dec 15, 2023 IDA-55120 Int Charges 27,605.98
Dec 15, 2023 IDA-55120 Int Charges 42,735.04
Dec 15, 2023 IBRD-83940 Int Charges 37,226.06
Dec 15, 2023 IBRD-83940 Int Charges 2,179,139.50
Jun 15, 2023 IBRD-83940 Int Charges 1,900,744.10
Jun 15, 2023 IBRD-83940 Int Charges 89,558.86
Jun 15, 2023 IDA-55110 Int Charges 54,355.64
Jun 15, 2023 IDA-55110 Loan Repay 12,575.82
Jun 15, 2023 IDA-55110 Int Charges 32,613.37
Jun 15, 2023 IDA-55110 Int Charges 32,613.37
Jun 15, 2023 IDA-55120 Int Charges 53,405.09
Jun 15, 2023 IDA-55110 Int Charges 17,716.15
Jun 15, 2023 IDA-55110 Loan Repay 331,134.12
Jun 15, 2023 IDA-55120 Int Charges 15,784.12
Jun 15, 2023 IDA-55120 Loan Repay 83,477.60
Jun 15, 2023 IDA-55120 Loan Repay 218,039.34
Jun 15, 2023 IDA-55120 Int Charges 28,609.88
Jun 15, 2023 IDA-55120 Int Charges 28,609.88
Dec 15, 2022 IDA-55110 Int Charges 38,676.67
Dec 15, 2022 IDA-55120 Loan Repay 219,111.08
Dec 15, 2022 IDA-55120 Int Charges 29,655.40
Dec 15, 2022 IDA-55120 Int Charges 29,655.40
Dec 15, 2022 IDA-55110 Loan Repay 6,839.67
Dec 15, 2022 IDA-55110 Loan Repay 328,739.60
Dec 15, 2022 IDA-55110 Loan Repay 7,146.89
Dec 15, 2022 IDA-55110 Int Charges 33,805.26
Dec 15, 2022 IDA-55110 Int Charges 33,805.26
Dec 15, 2022 IBRD-83940 Int Charges 1,298,427.50
Dec 15, 2022 IDA-55120 Int Charges 39,617.85
Dec 15, 2022 IDA-55120 Loan Repay 6,157.09
Dec 15, 2022 IDA-55120 Loan Repay 75,385.77
Dec 15, 2021 IDA-55110 Int Charges 61,372.74
Dec 15, 2021 IDA-55120 Int Charges 32,303.23
Dec 15, 2021 IDA-55120 Int Charges 32,303.23
Dec 15, 2021 IDA-55120 Int Charges 60,299.44
Dec 15, 2021 IBRD-83940 Int Charges 313,133.34
Dec 15, 2021 IDA-55120 Loan Repay 153.23

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 07-27-2016
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-30-2017PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeModestN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Universal Health CoverageValue31.0031.00100.00
    DateDecember 30, 2011April 2, 2013July 1, 2014
    Comment
  • DCFTA with EUValueNegotiations with EU planned to commenceNegotiations on DCFTA with EU concludedThe number of EU and international standards, adop
    DateDecember 30, 2011March 1, 2013July 1, 2014
    Comment
  • PEFA indicator PI-25ValueD+CC+
    DateDecember 30, 2011June 3, 2013July 1, 2014
    Comment
  • Monthly Detection rate (customs services)Value175 casesIncreased at least by 50 %Increased at least by 100 %
    DateNovember 30, 2011May 1, 2013July 1, 2014
    Comment
  • Learning outcomes for grade 9 in math and GeorgianValuein 2009 44% scored above average in georgian and 4Learning assesments commenced and improvement is rcommenced and improvement is recoreded
    DateNovember 2, 2009May 1, 2013July 1, 2014
    Comment