| Financier | Commitments |
|---|---|
| IBRD Guarantee | 226.70 |
ALBANIA PUBLIC FINANCE POLICY BASED GUARANTEE
Abstract*
This public finance policy based guarantee (PFPBG) of EUR200 million in support of a commercial loan is the second in a series of two programmatic development policy financing operations. The series addresses weaknesses in public finance management that have resulted in the accumulation of general government arrears of 5.2 percent of gross domestic product (GDP) in 2013 and a surge in public debt from 54.7 percent in 2008 to 70.0 percent in 2013... Show More
Development Objective
The proposed Development Policy Financing (DPF) series supports: (i) strengthening public financial management to address arrears; (ii) tax, pension and energy sector reforms to improve fiscal sustainability.
Key Details
Project Details
P149765
Closed
Doerte Doemeland
N/A
March 27, 2015
(as of board presentation)
March 27, 2015
N/A
US$ 226.70 million
N/A
2015
US$ 0.00 million
N/A
Not Applicable
April 30, 2016
BANK APPROVED
December 19, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 226.70 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 31, 2015 | IBRD-G2340 | Fee Charges | 12,999,829.00 |
| Mar 27, 2015 | IBRD-G2340 | Loan Commitment | 226,700,000.00 |
| Jul 31, 2015 | IBRD-G2340 | Int Charges | 12,999,829.00 |
Results Framework
No data available.