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Honduras Fiscal Sustainability and Enhanced Social Protection DPC

Abstract*

Achieving fiscal sustainability is critical for Honduras to escape from a cycle of low growth, high levels of public debt, high unemployment, and high extreme poverty. This program document proposes a Development Policy Credit (DPC) in the amount of US$55 million equivalent to support the Government of Honduras’ efforts to tackle an ongoing difficult fiscal situation paired with high levels of extreme poverty. The reforms supported by this operation...

* 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

Project Development Objective (Note: will be disclosed in the MOS)The Program Development Objective of the DPL series is to support the Government of Honduras to promote macroeconomic stability and enhance the management of social policies.Board Schedule Comments

Key Details

Project Details

  • P151803

  • Closed

  • Marco Hernandez Ore , Susana Sanchez

  • N/A

  • Honduras

  • December 9, 2014

  • (as of board presentation)

    December 9, 2014

  • December 22, 2014

  • US$ 55.00 million

  • Secretaría de Desarrollo e Inclusión Social,Secretaria de Finanzas,Empresa Nacional de Energia Electrica Honduras

  • Latin America and Caribbean

  • 2015

  • US$ 55.00 million

  • N/A

  • Not Applicable

  • March 1, 2016

  • BANK APPROVED

  • August 16, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 55.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 55.00
IBRD + IDA Commitment 55.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 55.00

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

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No data available.
Period Financier Transaction Type Amount (US$)
Aug 15, 2022 IDA-55770 Int Charges 360,806.88
Aug 15, 2022 IDA-55770 Int Charges 345,668.12
Feb 15, 2018 IDA-55770 Int Charges 393,250.03
Feb 15, 2018 IDA-55770 Int Charges 393,250.03
Feb 15, 2018 IDA-55770 Int Charges 376,750.03
Aug 15, 2018 IDA-55770 Int Charges 393,250.03
Aug 15, 2018 IDA-55770 Int Charges 393,250.03
Aug 15, 2018 IDA-55770 Int Charges 376,750.03
Feb 15, 2019 IDA-55770 Int Charges 393,250.03
Feb 15, 2019 IDA-55770 Int Charges 393,250.03
Feb 15, 2019 IDA-55770 Int Charges 376,750.03
Aug 15, 2019 IDA-55770 Int Charges 393,250.03
Aug 15, 2019 IDA-55770 Int Charges 393,250.03
Aug 15, 2019 IDA-55770 Int Charges 376,750.03
Dec 29, 2014 IDA-55770 Loan Disb 55,000,000.00
Aug 15, 2015 IDA-55770 Int Charges 100,497.22
Aug 15, 2015 IDA-55770 Int Charges 96,280.56
Aug 15, 2015 IDA-55770 Int Charges 393,250.03
Aug 15, 2015 IDA-55770 Int Charges 393,250.03
Aug 15, 2015 IDA-55770 Int Charges 100,497.22
Aug 15, 2015 IDA-55770 Int Charges 376,750.03
Feb 15, 2016 IDA-55770 Int Charges 376,749.97
Feb 15, 2016 IDA-55770 Int Charges 393,250.03
Feb 15, 2016 IDA-55770 Int Charges 393,250.03
Aug 15, 2016 IDA-55770 Int Charges 0.04
Aug 15, 2016 IDA-55770 Int Charges 393,250.03
Aug 15, 2016 IDA-55770 Int Charges 393,250.03
Aug 15, 2016 IDA-55770 Int Charges 376,750.03
Feb 15, 2017 IDA-55770 Int Charges 393,250.03
Feb 15, 2017 IDA-55770 Int Charges 376,750.03
Feb 15, 2017 IDA-55770 Int Charges 393,250.03
Aug 15, 2017 IDA-55770 Int Charges 376,750.03
Aug 15, 2017 IDA-55770 Int Charges 393,250.03
Aug 15, 2017 IDA-55770 Int Charges 393,250.03
Feb 15, 2024 IDA-55770 Int Charges 341,341.00
Feb 15, 2024 IDA-55770 Int Charges 327,019.03
Dec 9, 2014 IDA-55770 Loan Commitment 55,000,000.00
Aug 15, 2022 IDA-55770 Loan Repay 907,500.00
Aug 15, 2022 IDA-55770 Int Charges 360,806.88
Feb 15, 2023 IDA-55770 Loan Repay 907,500.00
Feb 15, 2023 IDA-55770 Int Charges 354,318.25
Feb 15, 2023 IDA-55770 Int Charges 354,318.25
Feb 15, 2023 IDA-55770 Int Charges 339,451.75
Aug 15, 2023 IDA-55770 Loan Repay 907,500.00
Aug 15, 2023 IDA-55770 Int Charges 347,829.62
Aug 15, 2023 IDA-55770 Int Charges 347,829.62
Aug 15, 2023 IDA-55770 Int Charges 333,235.38
Aug 15, 2024 IDA-55770 Loan Repay 907,500.00
Aug 15, 2024 IDA-55770 Int Charges 334,852.38
Aug 15, 2024 IDA-55770 Int Charges 334,852.38
Aug 15, 2024 IDA-55770 Int Charges 320,802.62
Feb 15, 2024 IDA-55770 Loan Repay 907,500.00
Feb 15, 2024 IDA-55770 Int Charges 341,341.00
Feb 15, 2020 IDA-55770 Loan Repay 907,500.00
Feb 15, 2020 IDA-55770 Int Charges 376,750.03
Feb 15, 2020 IDA-55770 Int Charges 393,250.03
Feb 15, 2020 IDA-55770 Int Charges 393,250.03
Aug 15, 2020 IDA-55770 Loan Repay 907,500.00
Aug 15, 2020 IDA-55770 Int Charges 386,761.38
Aug 15, 2020 IDA-55770 Int Charges 386,761.38
Aug 15, 2020 IDA-55770 Int Charges 370,533.60
Feb 15, 2021 IDA-55770 Int Charges 380,272.75
Feb 15, 2021 IDA-55770 Int Charges 364,317.25
Feb 15, 2021 IDA-55770 Loan Repay 907,500.00
Feb 15, 2021 IDA-55770 Int Charges 380,272.75
Aug 15, 2021 IDA-55770 Loan Repay 907,500.00
Aug 15, 2021 IDA-55770 Int Charges 373,784.12
Aug 15, 2021 IDA-55770 Int Charges 373,784.12
Aug 15, 2021 IDA-55770 Int Charges 358,100.88
Feb 15, 2022 IDA-55770 Loan Repay 907,500.00
Feb 15, 2022 IDA-55770 Int Charges 367,295.53
Feb 15, 2022 IDA-55770 Int Charges 367,295.53
Feb 15, 2022 IDA-55770 Int Charges 351,884.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-01-2017
OutcomesSubstantial
Risk to Development OutcomeSubstantial
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-30-2017PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeSubstantialN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceNot RatedN/a
Implementing AgencyNot RatedN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

No data available.