| Financier | Commitments |
|---|---|
| Borrower/Recipient | 0.00 |
| International Bank for Reconstruction and Development | 300.00 |
Panama Second Shared Prosperity Development Policy Loan
Abstract*
The development objective of the Second Shared Prosperity Development Policy Loan Project for Panama of the Development Policy Financing (DPF) series are to support the Government of Panama’s efforts to (i) strengthen the frameworks for international tax transparency, financial integrity, and fiscal management; (ii) strengthen institutional arrangements to support social assistance and education; and (iii) enhance the regulatory and financial sustainability... Show More
Development Objective
The Program Development Objective of the DPL series is to support the Government of Panama in increasing efficiency of public policies and strengthening social transfer programs. This is expected to be reached via the following specific objectives: (i) increase the efficiency of the managment of the Fondo de Ahorro de Panama; (ii) increase the efficiency of public energy policies; (iii) increase the efficiency of debt management; (iv) expand and improve targeting of social transfer programs.
Key Details
Project Details
P154819
Closed
Marco Hernandez Ore , Ewa Korczyc
Republic of Panama
September 22, 2016
(as of board presentation)
September 8, 2016
December 15, 2016
US$ 300.00 million
Ministry of Economy and Finance
2017
US$ 300.00 million
N/A
August 16, 2023
July 31, 2018
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 15, 2024 | IBRD-86420 | Int Charges | 7,797,402.50 |
| May 15, 2024 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| May 15, 2024 | IBRD-86420 | Int Charges | 49,097.73 |
| Sep 8, 2016 | IBRD-86420 | Loan Commitment | 300,000,000.00 |
| Nov 15, 2023 | IBRD-86420 | Int Charges | 158,159.66 |
| Nov 15, 2023 | IBRD-86420 | Int Charges | 7,863,340.50 |
| Nov 15, 2023 | IBRD-86420 | Loan Repay | 15,000,000.00 |
| May 15, 2023 | IBRD-86420 | Int Charges | 375,878.50 |
| May 15, 2023 | IBRD-86420 | Int Charges | 6,957,810.50 |
| May 15, 2023 | IBRD-86420 | Loan Repay | 15,000,000.00 |
| Nov 15, 2022 | IBRD-86420 | Int Charges | 4,405,930.50 |
| Nov 15, 2022 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| May 15, 2022 | IBRD-86420 | Int Charges | 1,449,609.20 |
| May 15, 2022 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| Nov 15, 2021 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| Nov 15, 2021 | IBRD-86420 | Int Charges | 1,438,880.20 |
| Nov 15, 2020 | IBRD-86420 | Int Charges | 2,133,787.00 |
| Nov 15, 2020 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| May 15, 2021 | IBRD-86420 | Int Charges | 1,478,166.90 |
| May 15, 2021 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| May 15, 2020 | IBRD-86420 | Int Charges | 3,945,760.50 |
| May 15, 2020 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| Nov 15, 2019 | IBRD-86420 | Int Charges | 5,059,387.00 |
| Nov 15, 2019 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| May 15, 2018 | IBRD-86420 | Int Charges | 3,589,833.20 |
| Nov 15, 2018 | IBRD-86420 | Int Charges | 5,044,666.50 |
| Nov 15, 2018 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| May 15, 2019 | IBRD-86420 | Int Charges | 5,432,011.50 |
| May 15, 2019 | IBRD-86420 | Loan Repay | 3,999,990.00 |
| Nov 15, 2017 | IBRD-86420 | Int Charges | 3,358,000.00 |
| Jan 27, 2017 | IBRD-86420 | Loan Disb | 300,000,000.00 |
| Dec 15, 2016 | IBRD-86420 | Fee Charges | 750,000.00 |
| May 15, 2017 | IBRD-86420 | Int Charges | 1,773,000.00 |
| May 15, 2017 | IBRD-86420 | Int Charges | 26,712.33 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-26-2021 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 07-12-2021 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | Not Rated | N/a |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | N/a |
Results Framework
No data available.