| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 1000.00 |
First Fiscal Consolidation, Sustainable Energy and Competitiveness DPF
Abstract*
Egypt, the largest country in the MENA region with a population of 89 million, and the fourth largest economy with a GDP of US$ 320 billion in 2015, is at an inflexion point within a region laden with instability and conflict. This programmatic DPF series is aligned with the broadly endorsed World Bank Group (WBG) MENA strategy, which challenges the WBG to consider taking informed risks, when the results can have an important impact on peace and stability... Show More
Development Objective
Support the economic reform program of Government of Egypt through policy and institutional actions supporting fiscal consolidation, enhancing efficiency and sustainability of energy sector and improving business competitiveness.
Key Details
Project Details
P157704
Closed
Ashish Khanna , Ahmed Ashraf Aly Kouchouk
Ministry of International Cooperation
January 12, 2016
(as of board presentation)
December 17, 2015
September 8, 2016
US$ 1000.00 million
N/A
2016
US$ 1000.00 million
N/A
Not Applicable
June 30, 2017
BANK APPROVED
October 18, 2022
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 1000.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 1000.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 1000.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Feb 1, 2021 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Aug 1, 2021 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Feb 1, 2021 | IBRD-85710 | Int Charges | 6,695,555.50 |
| Feb 1, 2020 | IBRD-85710 | Int Charges | 16,253,333.00 |
| Sep 9, 2016 | IBRD-85710 | Loan Disb | 997,500,030.00 |
| Sep 8, 2016 | IBRD-85710 | Loan Disb | 2,500,000.00 |
| Sep 8, 2016 | IBRD-85710 | Fee Charges | 2,500,000.00 |
| Feb 1, 2017 | IBRD-85710 | Int Charges | 1,400,256.10 |
| Feb 1, 2017 | IBRD-85710 | Int Charges | 8,055,694.50 |
| Aug 1, 2017 | IBRD-85710 | Int Charges | 11,563,889.00 |
| Feb 1, 2018 | IBRD-85710 | Int Charges | 12,317,778.00 |
| Aug 1, 2018 | IBRD-85710 | Int Charges | 14,731,389.00 |
| Feb 1, 2019 | IBRD-85710 | Int Charges | 17,940,000.00 |
| Aug 1, 2019 | IBRD-85710 | Int Charges | 19,155,834.00 |
| Dec 17, 2015 | IBRD-85710 | Loan Commitment | 1,000,000,000.00 |
| Feb 1, 2024 | IBRD-85710 | Int Charges | 213,664.69 |
| Feb 1, 2024 | IBRD-85710 | Int Charges | 30,801,174.00 |
| Feb 1, 2024 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Aug 1, 2024 | IBRD-85710 | Int Charges | 186,151.23 |
| Aug 1, 2024 | IBRD-85710 | Int Charges | 30,309,250.00 |
| Aug 1, 2024 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Aug 1, 2023 | IBRD-85710 | Int Charges | 797,080.75 |
| Aug 1, 2023 | IBRD-85710 | Int Charges | 27,089,348.00 |
| Aug 1, 2023 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Feb 1, 2023 | IBRD-85710 | Int Charges | 1,054,116.90 |
| Feb 1, 2023 | IBRD-85710 | Int Charges | 22,300,996.00 |
| Feb 1, 2023 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Aug 1, 2022 | IBRD-85710 | Int Charges | 7,641,688.50 |
| Aug 1, 2022 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Feb 1, 2022 | IBRD-85710 | Int Charges | 5,829,672.00 |
| Feb 1, 2022 | IBRD-85710 | Loan Repay | 16,700,000.00 |
| Aug 1, 2021 | IBRD-85710 | Int Charges | 6,130,329.00 |
| Aug 1, 2020 | IBRD-85710 | Int Charges | 13,852,222.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 09-30-2020 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-24-2021 | 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.