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Angola Fiscal Management Development Policy Financing

Abstract*

The development objective of the First Fiscal Management Development Policy Financing Project for Angola is to strengthen the country’s fiscal management to create the fiscal space needed to better protect the poor and vulnerable. This document presents a programmatic operation to support the twin goals of eradicating extreme poverty and boosting shared prosperity in Angola, by strengthening policy and institutional reforms to diversify revenue sources...

* 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

This series of two operations will help fill the projected fiscal gap of about 5% of GDP over the medium term, and support policy reforms in the areas of non-oil tax policy and administration, public investment management, and subsidies reform (including the establishment of a targeting mechanism to protect the poor and vulnerable). FY15 for first operation, FY16 for second operation.

Key Details

Project Details

  • P155323

  • Closed

  • Souleymane Coulibaly

  • N/A

  • Angola

  • June 30, 2015

  • (as of board presentation)

    June 30, 2015

  • N/A

  • US$ 0.00 million

  • N/A

  • Not Applicable

  • November 13, 2017

  • BANK APPROVED

  • P153243

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IBRD Guarantee 200.00

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** 200.00

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$)
Nov 13, 2017 IBRD-G2360 Loan Cancel 200,000,000.00
Jun 30, 2015 IBRD-G2360 Loan Commitment 200,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.