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Second Municipal Services Improvement Project

Abstract*

The development objective of the Second Municipal Services Improvement Project for Macedonia, former Yugoslav Republic of is to improve transparency, financial sustainability, and inclusive delivery of targeted municipal services in the participating municipalities. The project comprises of three components. The first component, municipal investment sub-loans will provide sub-loans to municipalities for investments in municipal infrastructure, including...

* 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 Project Development Objective of MSIP2 Project (PDO) is to improve transparency, financial sustainability and inclusive delivery of targeted municipal services in the participating municipalities.

Key Details

Project Details

  • P154464

  • Closed

  • Tatiana Shadrunova

  • The Republic of North Macedonia

  • North Macedonia

  • July 10, 2015

  • (as of board presentation)

    January 11, 2016

  • July 14, 2016

  • US$ 28.04 million

  • Project Management Unit at the Ministry of Finance

  • Europe and Central Asia

  • 2016

  • US$ 28.04 million

  • B

  • October 12, 2023

  • January 31, 2023

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 28.04

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 28.04
IDA Commitment N/A
IBRD + IDA Commitment 28.04
Lending Instrument
Grant Amount N/A
Total Project Cost** 28.04

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 15, 2024 IBRD-85610 Loan Repay 1,062,072.10
Jan 11, 2016 IBRD-85610 Loan Commitment 28,038,000.00
Jan 13, 2023 IBRD-85610 Loan Disb 1,232,472.20
Jun 9, 2023 IBRD-85610 Loan Disb -489,594.94
Sep 15, 2023 IBRD-85610 Int Charges 336.14
Sep 15, 2023 IBRD-85610 Int Charges 456,034.12
Sep 15, 2023 IBRD-85610 Loan Repay 1,039,155.30
Jun 9, 2023 IBRD-85610 Loan Cancel 1,065,903.60
Sep 15, 2022 IBRD-85610 Int Charges 5,579.87
Sep 15, 2022 IBRD-85610 Int Charges 25,843.25
Sep 15, 2022 IBRD-85610 Loan Repay 853,670.44
Sep 15, 2022 IBRD-85610 Int Charges 6.43
Sep 15, 2022 IBRD-85610 Int Charges 1.13
Oct 5, 2022 IBRD-85610 Loan Disb 1,102,471.80
Mar 15, 2023 IBRD-85610 Int Charges 1,862.83
Mar 15, 2021 IBRD-85610 Int Charges 22,171.22
Mar 15, 2021 IBRD-85610 Int Charges 13,587.94
Mar 15, 2021 IBRD-85610 Loan Repay 466,763.94
Mar 15, 2021 IBRD-85610 Int Charges 251.70
Mar 15, 2021 IBRD-85610 Int Charges 17.42
Feb 4, 2021 IBRD-85610 Loan Disb 1,164,398.00
Jan 19, 2021 IBRD-85610 Loan Disb 1,293,194.90
Mar 22, 2021 IBRD-85610 Loan Disb 985,968.20
Jun 3, 2021 IBRD-85610 Loan Disb 867,550.60
Apr 12, 2021 IBRD-85610 Loan Disb 1,439,789.20
Oct 20, 2020 IBRD-85610 Loan Disb 1,128,465.80
Sep 15, 2020 IBRD-85610 Int Charges 17.00
Sep 15, 2020 IBRD-85610 Int Charges 28,735.97
Sep 15, 2020 IBRD-85610 Int Charges 7,842.57
Sep 15, 2020 IBRD-85610 Int Charges 122.67
Sep 15, 2019 IBRD-85610 Int Charges 32,738.37
Sep 15, 2019 IBRD-85610 Int Charges 4,207.62
Sep 15, 2019 IBRD-85610 Int Charges 256.39
Jul 14, 2016 IBRD-85610 Loan Disb 69,403.13
Jul 14, 2016 IBRD-85610 Fee Charges 69,403.13
Sep 15, 2016 IBRD-85610 Int Charges 35,475.51
Sep 15, 2016 IBRD-85610 Int Charges 54.08
Mar 15, 2017 IBRD-85610 Int Charges 32,791.25
Mar 15, 2017 IBRD-85610 Int Charges 136.89
Sep 15, 2017 IBRD-85610 Int Charges 37,559.70
Sep 15, 2017 IBRD-85610 Int Charges 152.71
Oct 3, 2017 IBRD-85610 Loan Disb 587,850.00
Mar 15, 2018 IBRD-85610 Int Charges 37,529.37
Mar 15, 2018 IBRD-85610 Int Charges 1,211.17
Sep 15, 2018 IBRD-85610 Int Charges 36,038.19
Sep 15, 2018 IBRD-85610 Int Charges 1,312.02
Jan 29, 2019 IBRD-85610 Loan Disb 857,700.00
Mar 15, 2019 IBRD-85610 Int Charges 34,031.65
Mar 15, 2019 IBRD-85610 Int Charges 1,312.54
Jun 17, 2019 IBRD-85610 Loan Disb 611,710.56
Mar 15, 2024 IBRD-85610 Int Charges 495,694.44
Mar 15, 2023 IBRD-85610 Int Charges 248,372.03
Mar 15, 2023 IBRD-85610 Loan Repay 1,059,319.20
Mar 15, 2023 IBRD-85610 Int Charges 137.51
Mar 15, 2023 IBRD-85610 Int Charges 13.06
Aug 24, 2022 IBRD-85610 Loan Disb 852,024.80
Dec 28, 2021 IBRD-85610 Loan Disb 403,814.06
May 24, 2022 IBRD-85610 Loan Disb 1,189,349.80
Mar 14, 2022 IBRD-85610 Loan Disb 1,210,382.20
Mar 15, 2022 IBRD-85610 Int Charges 10,053.17
Mar 15, 2022 IBRD-85610 Int Charges 19,276.36
Mar 15, 2022 IBRD-85610 Loan Repay 793,541.75
Mar 15, 2022 IBRD-85610 Int Charges 258.66
Mar 15, 2022 IBRD-85610 Int Charges 60.23
Dec 7, 2021 IBRD-85610 Loan Disb 1,041,399.80
Sep 28, 2021 IBRD-85610 Loan Disb 1,217,174.20
Sep 15, 2021 IBRD-85610 Int Charges 15,401.81
Sep 15, 2021 IBRD-85610 Int Charges 16,965.13
Sep 15, 2021 IBRD-85610 Loan Repay 689,171.00
Sep 15, 2021 IBRD-85610 Int Charges 761.15
Sep 15, 2021 IBRD-85610 Int Charges 20.83
Aug 4, 2021 IBRD-85610 Loan Disb 1,195,128.90
Jun 24, 2022 IBRD-85610 Loan Disb 906,843.60
Dec 4, 2020 IBRD-85610 Loan Disb 1,436,211.00
Aug 12, 2020 IBRD-85610 Loan Disb 1,143,941.80
Sep 18, 2020 IBRD-85610 Loan Disb 1,210,437.10
Feb 28, 2020 IBRD-85610 Loan Disb 1,037,039.40
Mar 30, 2020 IBRD-85610 Loan Disb 716,096.30
Mar 15, 2020 IBRD-85610 Int Charges 30,368.89
Mar 15, 2020 IBRD-85610 Int Charges 4,836.66
Dec 20, 2019 IBRD-85610 Loan Disb 945,015.44
Jun 3, 2020 IBRD-85610 Loan Disb 962,691.44
Sep 30, 2019 IBRD-85610 Loan Disb 954,350.06
Sep 15, 2019 IBRD-85610 Int Charges 169.92

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Safeguards Rating Satisfactory 2022-12-07
Overall Implementation Progress (IP) Satisfactory 2022-12-07
Progress towards achievement of PDO Satisfactory 2022-12-07
Financial Management Satisfactory 2022-12-07
Monitoring and Evaluation Satisfactory 2022-12-07
Procurement Satisfactory 2022-12-07
Project Management Satisfactory 2022-12-07
Overall Safeguards Rating Satisfactory 2022-12-07

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-25-2023
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-24-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of completed subprojects that generated improved financial performance, including through increased revenue earnings or cost savingsValue0.0097.000.00
    DateDecember 31, 2015January 31, 2023
    Comment
  • Number of the completed sub-projects that focus on social inclusionValue0.0043.0025.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment
  • Direct project beneficiariesValue0.00425589.00120000.00
    DateDecember 31, 2015November 23, 2022August 5, 2020
    Comment
  • Female beneficiariesValue0.000.000.00
    DateDecember 31, 2015June 30, 2018
    Comment
  • Vulnerable/marginalized people with marginalized measured as the number of unemployed, social assistance receiving or in other waysvulnerable population that benefits from the project interventionValue0.000.000.00
    DateDecember 31, 2015June 30, 2018
    Comment
  • Number of participating municipalities (i.e. the municipalities which signed sub-loan agreements) that regularly publish sub-project progress information on their official websites or elsewhereValue0.0037.0029.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of sub-loans signedValue0.0038.0029.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment
  • Number poverty/social inclusion investment grants signedValue0.0040.0025.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment
  • Number of jobs generated, measured as the number of employees of contractors and engineering companies that perform works under thesub-projectsValue0.002759.001800.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment
  • Number of sub-projects, financed by sub-loans or grants, successfully completedValue0.0095.0054.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment
  • Number of visits to websites that publish sub-project progress informationValue0.00675500.000.00
    DateDecember 31, 2015January 31, 2023
    Comment
  • Number of participants in consultation activities during sub-projects preparationValue0.002468.001600.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment
  • Piped household water connections that are benefiting from rehabilitation works undertaken by the projectValue0.002650.000.00
    DateDecember 31, 2015January 31, 2023
    Comment
  • Number of participants in consultation activities during sub-projects preparation - femaleValue0.00871.00500.00
    DateDecember 31, 2015January 31, 2023August 5, 2020
    Comment
  • Roads rehabilitated, RuralValue0.0024.400.00
    DateDecember 31, 2015January 31, 2023
    Comment
  • Roads rehabilitated, Non-ruralValue0.0032.070.00
    DateDecember 31, 2015January 31, 2023
    Comment