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Additional Financing to MIDAS

Development Objective

The new objectives of the Project are: (i) to improve delivery of government assistance for sustainable agriculture and rural development in a manner consistent with the EU's pre-accession requirements; (ii) to increase the experience of Montenegrin authorities in administering rural development grants in accordance with EU-IPARD core rules, and (iii) to support a selected number of agricultural holdings and food establishments in upgrading towards EU standards.

Key Details

Project Details

  • P159115

  • Closed

  • Daniel Gerber

  • Ministry of Finance

  • Montenegro

  • May 27, 2016

  • (as of board presentation)

    September 9, 2016

  • N/A

  • US$ 3.84 million

  • Ministry of Agriculture and Rural Development

  • Europe and Central Asia

  • 2017

  • US$ 3.34 million

  • B

  • September 7, 2016

  • September 30, 2019

  • Yes

  • BANK APPROVED

  • P107473

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 0.50
International Bank for Reconstruction and Development 3.34

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 3.34
IDA Commitment N/A
IBRD + IDA Commitment 3.34
Lending Instrument
Grant Amount N/A
Total Project Cost** 3.84

Summary Status of World Bank Financing (US$ Millions) as of March 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 March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.