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STP Strengthening Growth and Fiscal Policy DPO

Abstract*

The operation in the amount SDR 3.6 million (equivalent to US$5 million) is the first one in a Development Policy Financing (DPF) series of three operations for São Tomé and Príncipe (STP). The previous programmatic series was interrupted due to a breach of the International Development Association (IDA) Non-Concessional Borrowing Policy (NCBP).1 STP has addressed this problem by changing the terms of the loan it contracted with Angola to comply with...

* 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 (temporary) development objective is to support the STP government to address bottlenecks to development through growth enhancing reforms on energy, macro and fiscal management and financial markets.Board Schedule Comments

Key Details

Project Details

  • P159010

  • Closed

  • Rafael Barroso

  • Ministry of Finance, Trade and the Blue Economy

  • Sao Tome and Principe

  • (as of board presentation)

    November 30, 2016

  • US$ 5.00 million

  • Directoria do Orçamento

  • April 19, 2023

  • December 31, 2017

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 5.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 5.00
IBRD + IDA Commitment 5.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 5.00

Summary Status of World Bank Financing (US$ Millions) as of December 31, 2024

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

Detailed Financial Activity as of December 31, 2024

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 30, 2016 IDA-D1500 Loan Disb 4,839,588.00
Nov 30, 2016 IDA-D1500 Loan Commitment 5,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 04-15-2022
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-12-2022PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.