1. What We Do

BT: 2nd DPC Series

Abstract*

The development objective of the First Fiscal Sustainability and Investment Climate Development Policy Credit (DPC) Project for Bhutan is to promote fiscal discipline, contribute to enhancing access to finance to enterprises, and to improve the climate for business entry and investment in Bhutan. It is articulated around three pillars: (i) strengthen fiscal discipline and self-reliance; (ii) increase access to finance; and (iii) improve the business...

* 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 proposed DPC aims to promote fiscal discipline, contribute to enhancing access to finance to enterprises, and to improve the climate for business entry and investment in Bhutan.

Key Details

Project Details

  • P147806

  • Closed

  • Genevieve Boyreau , Korotoumou Ouattara

  • Kingdom of Bhutan

  • Bhutan

  • August 28, 2014

  • (as of board presentation)

    June 17, 2015

  • August 8, 2015

  • US$ 20.00 million

  • Ministry of Finance

  • South Asia

  • 2015

  • US$ 20.00 million

  • N/A

  • July 18, 2022

  • March 31, 2016

  • BANK APPROVED

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Central Government(Central Agencies)FY17 - Central Government (Central Agencies)FY17 - Banking InstitutionsFY17 - Other Non-bank FinancialInstitutionsFY17 - Other Non-bank Financial InstitutionsFY17 - ServicesFY17 - Other Industry, Trade andServicesFY17 - Other Industry, Trade and Services

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 20.00
IBRD + IDA Commitment 20.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 20.00

Summary Status of World Bank Financing (US$ Millions) as of March 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 March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 15, 2016 IDA-56470 Int Charges 73,120.37
May 15, 2017 IDA-56470 Int Charges 68,164.68
May 15, 2017 IDA-56470 Int Charges 68,164.68
May 15, 2017 IDA-56470 Int Charges 119,507.23
May 15, 2017 IDA-56470 Int Charges 5,320.87
May 15, 2017 IDA-56470 Int Charges 5,320.87
May 15, 2024 IDA-56470 Int Charges 62,766.81
May 15, 2024 IDA-56470 Int Charges 62,766.81
May 15, 2024 IDA-56470 Int Charges 104,611.30
May 15, 2024 IDA-56470 Loan Repay 312,237.34
May 15, 2024 IDA-56470 Int Charges 2,801.15
Jun 17, 2015 IDA-56470 Loan Commitment 20,000,000.00
Nov 15, 2023 IDA-56470 Int Charges 4,208.65
Nov 15, 2023 IDA-56470 Loan Repay 312,952.28
Nov 15, 2023 IDA-56470 Int Charges 64,084.11
Nov 15, 2023 IDA-56470 Int Charges 64,084.11
Nov 15, 2023 IDA-56470 Int Charges 103,999.26
May 15, 2023 IDA-56470 Int Charges 7,939.75
May 15, 2023 IDA-56470 Loan Repay 316,800.62
May 15, 2023 IDA-56470 Int Charges 66,060.16
May 15, 2023 IDA-56470 Int Charges 66,060.16
May 15, 2023 IDA-56470 Int Charges 105,839.83
Nov 15, 2022 IDA-56470 Loan Repay 292,445.03
Nov 15, 2022 IDA-56470 Loan Repay 18,058.10
Nov 15, 2022 IDA-56470 Int Charges 65,911.33
Nov 15, 2022 IDA-56470 Int Charges 65,911.33
Nov 15, 2022 IDA-56470 Int Charges 102,070.33
May 15, 2022 IDA-56470 Loan Repay 7,941.54
May 15, 2022 IDA-56470 Loan Repay 306,053.62
May 15, 2022 IDA-56470 Int Charges 67,830.09
May 15, 2022 IDA-56470 Int Charges 67,830.09
May 15, 2022 IDA-56470 Int Charges 113,050.16
Nov 15, 2021 IDA-56470 Int Charges 3,766.88
Nov 15, 2021 IDA-56470 Loan Repay 331,493.22
Nov 15, 2021 IDA-56470 Int Charges 72,853.18
Nov 15, 2021 IDA-56470 Int Charges 72,853.18
Nov 15, 2021 IDA-56470 Int Charges 121,421.95
Nov 15, 2020 IDA-56470 Loan Repay 2,686.73
Nov 15, 2020 IDA-56470 Loan Repay 332,319.80
Nov 15, 2020 IDA-56470 Int Charges 76,137.85
Nov 15, 2020 IDA-56470 Int Charges 76,137.85
Nov 15, 2020 IDA-56470 Int Charges 125,691.33
May 15, 2021 IDA-56470 Int Charges 1,221.08
May 15, 2021 IDA-56470 Loan Repay 339,461.28
May 15, 2021 IDA-56470 Int Charges 75,877.30
May 15, 2021 IDA-56470 Int Charges 75,877.30
May 15, 2021 IDA-56470 Int Charges 122,604.73
May 15, 2020 IDA-56470 Int Charges 121,495.45
May 15, 2020 IDA-56470 Int Charges 189.53
May 15, 2020 IDA-56470 Int Charges 72,897.29
May 15, 2020 IDA-56470 Int Charges 72,897.29
May 15, 2019 IDA-56470 Int Charges 3,007.29
May 15, 2019 IDA-56470 Int Charges 3,007.29
May 15, 2019 IDA-56470 Int Charges 71,120.16
May 15, 2019 IDA-56470 Int Charges 71,120.16
May 15, 2019 IDA-56470 Int Charges 123,545.72
Nov 15, 2019 IDA-56470 Int Charges 1,434.27
Nov 15, 2019 IDA-56470 Int Charges 1,434.27
Nov 15, 2019 IDA-56470 Int Charges 72,273.83
Nov 15, 2019 IDA-56470 Int Charges 72,273.83
Nov 15, 2019 IDA-56470 Int Charges 122,655.18
Nov 15, 2017 IDA-56470 Int Charges 3,060.92
Nov 15, 2017 IDA-56470 Int Charges 75,768.91
Nov 15, 2017 IDA-56470 Int Charges 75,768.91
Nov 15, 2017 IDA-56470 Int Charges 126,281.48
May 15, 2018 IDA-56470 Int Charges 1,577.95
May 15, 2018 IDA-56470 Int Charges 1,577.95
May 15, 2018 IDA-56470 Int Charges 75,010.34
May 15, 2018 IDA-56470 Int Charges 75,010.34
May 15, 2018 IDA-56470 Int Charges 127,647.13
Nov 15, 2018 IDA-56470 Int Charges 123,486.73
Nov 15, 2018 IDA-56470 Int Charges 3,585.02
Nov 15, 2018 IDA-56470 Int Charges 3,585.02
Nov 15, 2018 IDA-56470 Int Charges 70,507.03
Nov 15, 2018 IDA-56470 Int Charges 70,507.03
Sep 8, 2015 IDA-56470 Loan Disb 20,068,048.00
Nov 15, 2015 IDA-56470 Int Charges 27,626.82
Nov 15, 2015 IDA-56470 Int Charges 27,626.82
Nov 15, 2015 IDA-56470 Int Charges 46,044.67
May 15, 2016 IDA-56470 Int Charges 1,405.58
May 15, 2016 IDA-56470 Int Charges 1,405.58
May 15, 2016 IDA-56470 Int Charges 74,257.69
May 15, 2016 IDA-56470 Int Charges 74,257.69
May 15, 2016 IDA-56470 Int Charges 123,641.52
Nov 15, 2016 IDA-56470 Int Charges 73,120.37
Nov 15, 2016 IDA-56470 Int Charges 121,867.25
Nov 15, 2016 IDA-56470 Int Charges 2,381.09
Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-26-2019
OutcomesSubstantial
Risk to Development OutcomeSubstantial
Bank PerformanceSubstantial
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-01-2022PROJECT PERFORMANCE ASSESSMENT REPORT: 01-10-2020
Outcome RatingModerately Unsatisfactory Satisfactory
Risk To Development OutcomeSubstantial
Bank PerformanceModerately UnsatisfactoryModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing Agency
Icr QualitySubstantial
M&e QualityModest

Results Framework

No data available.