| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 700.00 |
CO First Programmatic Sustained Growth and Income Convergence DPL
Abstract*
The First Programmatic Sustained Growth and Income Convergence Project for Colombia supports the government's efforts to sustain economic growth and increase productivity. The project will achieve this by supporting the implementation of policy reforms in three main areas: pillar 1 will foster solutions to develop infrastructure financing and increasing access to finance for firms; pillar 2 will improve the quality and allocation of productive skills;... Show More
Development Objective
To increase economic growth and productivity, by supporting structural reforms that will foster physical and human capital investment, innovation, and facilitate access to external markets.
Key Details
Project Details
P149609
Closed
Jasmin Chakeri , Patricia Caraballo
Ministerio de Hacienda y Credito publico
May 21, 2014
(as of board presentation)
December 12, 2014
December 16, 2014
US$ 700.00 million
DNP
2015
US$ 700.00 million
N/A
Not Applicable
June 30, 2017
BANK APPROVED
August 16, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 700.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 700.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 700.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 1, 2024 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Jun 1, 2017 | IBRD-84540 | Int Charges | 7,785,555.50 |
| Dec 1, 2023 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Jun 1, 2023 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Dec 1, 2022 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Dec 1, 2021 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Jun 1, 2022 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Jun 1, 2021 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Jun 1, 2020 | IBRD-84540 | Int Charges | 5,788,028.00 |
| Jun 1, 2020 | IBRD-84540 | Int Charges | 3,564,166.80 |
| Dec 1, 2020 | IBRD-84540 | Int Charges | 8,225,000.00 |
| Dec 1, 2019 | IBRD-84540 | Int Charges | 12,596,500.00 |
| Mar 13, 2020 | IBRD-84540 | Loan Disb | 700,000,000.00 |
| Mar 13, 2020 | IBRD-84540 | Loan Disb | -700,000,000.00 |
| Mar 13, 2020 | IBRD-84540 | Loan Disb | -700,000,000.00 |
| Mar 13, 2020 | IBRD-84540 | Loan Disb | 700,000,000.00 |
| Jun 1, 2019 | IBRD-84540 | Int Charges | 13,730,889.00 |
| Jun 1, 2018 | IBRD-84540 | Int Charges | 9,271,889.00 |
| Dec 1, 2018 | IBRD-84540 | Int Charges | 12,240,667.00 |
| Dec 1, 2017 | IBRD-84540 | Int Charges | 8,397,667.00 |
| Dec 17, 2014 | IBRD-84540 | Loan Disb | 500,000,000.00 |
| Feb 11, 2015 | IBRD-84540 | Loan Disb | 200,000,000.00 |
| Dec 16, 2014 | IBRD-84540 | Fee Charges | 1,750,000.00 |
| Dec 1, 2015 | IBRD-84540 | Int Charges | 4,447,916.50 |
| Jun 1, 2015 | IBRD-84540 | Int Charges | 3,325,000.00 |
| Dec 1, 2016 | IBRD-84540 | Int Charges | 6,582,916.50 |
| Jun 1, 2016 | IBRD-84540 | Int Charges | 5,337,500.00 |
| Dec 12, 2014 | IBRD-84540 | Loan Commitment | 700,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2018 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | Modest |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | Moderately Satisfactory |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 01-07-2019 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Unsatisfactory | N/a |
| Risk To Development Outcome | Modest | N/a |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Moderately Satisfactory | N/a |
| Implementing Agency | Not Rated | N/a |
| Icr Quality | Substantial | N/a |
| M&e Quality | Modest | N/a |
Results Framework
No data available.