Financier | Commitments |
---|---|
IDA Credit | 75.00 |
P159303
Closed
Tatsiana Kliatskova
Democratic Socialist Republic of Sri Lanka
October 4, 2016
(as of board presentation)
April 5, 2017
February 22, 2018
US$ 75.00 million
Central Bank of Sri Lanka,Securities and Exchange Commission of Sri Lanka,Sri Lanka Insurance Regulatory Commission (formerly known as Insurance Board of Sri Lanka )
2017
US$ 75.00 million
C
January 7, 2024
June 30, 2023
Yes
BANK APPROVED
Financier | Commitments |
---|---|
IDA Credit | 75.00 |
Product Line | IBRD/IDA |
---|---|
IBRD Commitment | N/A |
IDA Commitment | 75.00 |
IBRD + IDA Commitment | 75.00 |
Lending Instrument | |
---|---|
Grant Amount | N/A |
Total Project Cost** | 75.00 |
Period | Financier | Transaction Type | Amount (US$) |
---|---|---|---|
Jan 11, 2019 | IDA-60060 | Loan Disb | 367,000.00 |
Jan 11, 2019 | IDA-60060 | Loan Disb | 30,000.00 |
Jan 11, 2019 | IDA-60060 | Loan Disb | 523,000.00 |
Jan 11, 2019 | IDA-60060 | Loan Disb | 2,900,000.00 |
Mar 20, 2019 | IDA-60060 | Loan Disb | 261,380.62 |
Apr 4, 2019 | IDA-60060 | Loan Disb | 929,933.20 |
Apr 18, 2019 | IDA-60060 | Loan Disb | 520,368.75 |
May 31, 2019 | IDA-60060 | Loan Disb | 129,151.88 |
May 24, 2019 | IDA-60060 | Loan Disb | 64,679.06 |
May 28, 2019 | IDA-60060 | Loan Disb | 64,677.66 |
Mar 26, 2019 | IDA-60060 | Loan Disb | 261,163.12 |
Aug 1, 2019 | IDA-60060 | Int Charges | 7,514.30 |
Aug 1, 2019 | IDA-60060 | Int Charges | 87,505.30 |
Aug 1, 2019 | IDA-60060 | Int Charges | 88,604.54 |
Oct 10, 2019 | IDA-60060 | Loan Disb | 128,233.13 |
Oct 8, 2019 | IDA-60060 | Loan Disb | 64,039.69 |
Oct 8, 2019 | IDA-60060 | Loan Disb | 64,039.69 |
Jan 29, 2020 | IDA-60060 | Loan Disb | 64,454.53 |
Aug 1, 2024 | IDA-60060 | Loan Repay | 1,013,518.40 |
Dec 29, 2023 | IDA-60060 | Loan Disb | -1,602.22 |
Feb 1, 2024 | IDA-60060 | Int Charges | 2,019.10 |
Feb 1, 2024 | IDA-60060 | Loan Repay | 1,840,526.50 |
Feb 1, 2024 | IDA-60060 | Int Charges | 82,194.19 |
Feb 1, 2024 | IDA-60060 | Int Charges | 47,880.35 |
Apr 5, 2017 | IDA-60060 | Loan Commitment | 75,000,000.00 |
Aug 1, 2024 | IDA-60060 | Loan Repay | 4,987.59 |
Dec 29, 2023 | IDA-60060 | Loan Disb | -232.11 |
Aug 1, 2024 | IDA-60060 | Int Charges | 80,906.38 |
Aug 1, 2024 | IDA-60060 | Int Charges | 15,294.72 |
Aug 1, 2023 | IDA-60060 | Int Charges | 110,788.42 |
Aug 1, 2023 | IDA-60060 | Int Charges | 47,556.69 |
Jun 6, 2023 | IDA-60060 | Loan Disb | -2,772,982.00 |
Oct 19, 2023 | IDA-60060 | Loan Disb | 30,250.99 |
Feb 1, 2023 | IDA-60060 | Loan Repay | 1,833,393.90 |
Feb 1, 2023 | IDA-60060 | Int Charges | 80,649.55 |
Feb 1, 2023 | IDA-60060 | Int Charges | 103,347.68 |
Jan 31, 2023 | IDA-60060 | Loan Disb | 152,302.00 |
Feb 1, 2023 | IDA-60060 | Loan Repay | 38,489.08 |
Apr 27, 2023 | IDA-60060 | Loan Disb | 1,149.00 |
Mar 29, 2023 | IDA-60060 | Loan Disb | -200,544.06 |
Jan 26, 2023 | IDA-60060 | Loan Disb | 495,937.75 |
Feb 17, 2023 | IDA-60060 | Loan Disb | 3,733.00 |
Aug 1, 2023 | IDA-60060 | Loan Repay | 1,855,498.40 |
Aug 1, 2023 | IDA-60060 | Int Charges | 79,102.60 |
Feb 1, 2022 | IDA-60060 | Int Charges | 153,284.94 |
Feb 1, 2022 | IDA-60060 | Int Charges | 2,544.76 |
Feb 1, 2022 | IDA-60060 | Int Charges | 83,549.29 |
Aug 1, 2022 | IDA-60060 | Loan Repay | 263.70 |
Aug 1, 2022 | IDA-60060 | Loan Repay | 1,834,515.00 |
Aug 1, 2022 | IDA-60060 | Int Charges | 77,855.94 |
Aug 1, 2022 | IDA-60060 | Int Charges | 177,910.48 |
Oct 19, 2021 | IDA-60060 | Loan Disb | 519,158.72 |
Aug 1, 2021 | IDA-60060 | Int Charges | 1,409.50 |
Aug 1, 2021 | IDA-60060 | Int Charges | 88,225.92 |
Aug 1, 2021 | IDA-60060 | Int Charges | 133,973.39 |
Nov 29, 2021 | IDA-60060 | Loan Disb | 2,097,060.00 |
Feb 22, 2022 | IDA-60060 | Loan Disb | 514,091.40 |
May 31, 2022 | IDA-60060 | Loan Disb | 4,208.00 |
Aug 1, 2020 | IDA-60060 | Int Charges | 1,602.42 |
Mar 24, 2021 | IDA-60060 | Loan Disb | 1,067,617.50 |
Feb 1, 2021 | IDA-60060 | Int Charges | 6,312.87 |
Feb 1, 2021 | IDA-60060 | Int Charges | 91,056.30 |
Feb 1, 2021 | IDA-60060 | Int Charges | 120,651.49 |
Mar 12, 2020 | IDA-60060 | Loan Disb | 11,253.99 |
Dec 18, 2019 | IDA-60060 | Loan Disb | 129,326.25 |
Feb 11, 2020 | IDA-60060 | Loan Disb | 64,208.44 |
Feb 18, 2020 | IDA-60060 | Loan Disb | 128,146.88 |
Feb 1, 2020 | IDA-60060 | Int Charges | 1,071.21 |
Dec 16, 2019 | IDA-60060 | Loan Disb | 64,803.28 |
Dec 16, 2019 | IDA-60060 | Loan Disb | 64,803.28 |
Feb 1, 2020 | IDA-60060 | Int Charges | 86,972.80 |
Feb 1, 2020 | IDA-60060 | Int Charges | 105,748.59 |
Aug 14, 2020 | IDA-60060 | Loan Disb | 8,185.00 |
Aug 1, 2020 | IDA-60060 | Int Charges | 88,478.32 |
Aug 1, 2020 | IDA-60060 | Int Charges | 113,283.15 |
Feb 22, 2018 | IDA-60060 | Loan Disb | 200,593.70 |
Feb 22, 2018 | IDA-60060 | Fee Charges | 200,593.70 |
Aug 1, 2018 | IDA-60060 | Int Charges | 128,097.66 |
Aug 1, 2018 | IDA-60060 | Int Charges | 2,883.85 |
Feb 1, 2019 | IDA-60060 | Int Charges | 1,354.52 |
Feb 1, 2019 | IDA-60060 | Int Charges | 95,490.91 |
Feb 1, 2019 | IDA-60060 | Int Charges | 2,707.64 |
Name | Review | Date |
---|---|---|
Financial Management | Satisfactory | 2023-01-16 |
Project Management | Moderately Unsatisfactory | 2023-01-16 |
Monitoring and Evaluation | Moderately Satisfactory | 2023-01-16 |
Procurement | Moderately Satisfactory | 2023-01-16 |
Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2023-01-16 |
Progress towards achievement of PDO | Moderately Unsatisfactory | 2023-01-16 |
INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 01-16-2024 |
---|---|
Outcomes | Highly Unsatisfactory |
Risk to Development Outcome | |
Bank Performance | Unsatisfactory |
Borrower Performance | |
Government Performance | |
Implementing Agency |
INDICATOR | ICR REVIEW: 05-03-2024 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
---|---|---|
Outcome Rating | Highly Unsatisfactory | N/a |
Risk To Development Outcome | N/a | |
Bank Performance | Unsatisfactory | N/a |
Borrower Performance | N/a | |
Government Performance | N/a | |
Implementing Agency | N/a | |
Icr Quality | Substantial | N/a |
M&e Quality | Negligible | N/a |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
(1) Increased transactions of retail electronic payments on the modernized infrastructure (measured by the cards issued under NCS to total debit cards in the system– target 15%) | Value | 1.00 | 0.63 | 1.00 |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Increased participation (trading) in the secondary market Central Government bonds (measured by the growth in secondary market trades of Central Government Debt in value terms—target 5%) | Value | LKR 6,591 Billion | LKR 26,080 bn | LKR 2024 billion |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
(3) Increased share of private insurance companies (newly issued) insurance policies (measured by the growth of insurance premiums to GDP—target 3%) | Value | 1.05 | 1.10 | 1.21 |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
Citizen engagement indicator of percentage of project beneficiaries that feel project activities/services/results reflected their needs. | Value | 0.00 | 75.00 | 0.00 |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Central Counter Party system established for the securities market | Value | Non operational | The policy framework was approved. The CSE is in t | non-operational |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Regulatory and supervisory framework for financial consumer protection established and in use | Value | Non-existent | Monetary Board approved the FCP regulations on 18 | non-existent |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Outstanding MSME Loans from commercial banks (Note: Value of total loans granted by commercial /development banks) | Value | Published disaggregated data not N/A.(total esti | Outstanding MSME loans from licensed commercial ba | Data collection on SME sector commenced.SME defin |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
CBSL has undertaken consolidated risk-based supervision of banks on both solo and group wide basis, and performs risk assessment ona stand-alone and consolidated basis (Basel Core Principles for effe | Value | Non compliant | Bank Supervision Department completed 1 consolidat | Compliant.The CBSL produces two consolidated supe |
Date | September 1, 2016 | June 30, 2023 | December 31, 2021 | |
Comment |
Year-end stock market capitalization (% of GDP) | Value | 27.00 | 18.80 | 25.00 |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Plans and reports are generated and discussed in a timely manner | Value | Procurement Plans approved | Procurement Plans implemented; Operations Manual a | |
Date | September 1, 2016 | June 30, 2023 | ||
Comment |
RTGS new system with multi-currency settlement and convertibility features and the Scripless Securities Settlement System (SSSS) with Central Depository System operational | Value | New system Not operational | RTGS test environment installed and testing in pro | Non-compliant |
Date | September 1, 2016 | June 30, 2023 | December 31, 2021 | |
Comment |
Change in investment portfolio composition of EPF (% in government securities) | Value | 90-95% in government securities | 93.94 | 91.3 % in government securities |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Audit reports completed and submitted within six months of closing of the financial year. | Value | None | IUFRs submitted, audit reports submitted with dela | |
Date | September 1, 2016 | June 30, 2023 | ||
Comment |
SEC’s regulatory framework and supervisory practices have a significantly high level of observance of the International Organization of Securities Commission’s (IOSCO) Objectives and Principles of Se | Value | 3 of 38 principles fully implemented, 13 of 38 Bro | Securities and Exchange Commission Act No. 19 of 2 | 3 of 38 principles fully implemented, 13 of 38 Bro |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
IBSL’s regulatory framework and supervisory practices have a significantly high level of observance of the International Association of Insurance Supervisors- Insurance Core Principles (IAIS-ICPs) | Value | Largely observed (6 of 26 principles; partially ob | Review of all ICPs are being carried out by a comm | Insurance law drafted in line with ICPs - under re |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Regulatory and supervisory framework with proportionate risk-based supervision for microfinance established and operational | Value | Non-operational | Non-compliant | law passed, department established - not fully ope |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
CBSL & LankaClear Assessment of Observance of the CPSS_IOSCO Principles for Financial Market Infrastructures completed | Value | Not assessed | CBSL completed the self-assessment of CPSS-IOSCO-P | not assessed |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Outstanding MSME Loans from commercial banks by females (% of total commercial bank loans) | Value | Not available/gender disaggregation not done | Outstanding MSME loans to females by LCBs – Rs. 49 | gender disaggregation not done hence data not avai |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Outstanding Microfinance lending from licensed microfinance institutions | Value | None (not licensed yet) | None (not licensed yet) | none - not licensed yet |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Outstanding Microfinance lending from licensed institutions to women (% of MFI loans) | Value | None (not licensed yet) | None (not licensed yet) | non - MFIs not licensed yet |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |
Outstanding Corporate Debt (% of GDP) | Value | 1.00 | 0.93 | 2.00 |
Date | September 1, 2016 | June 30, 2023 | April 5, 2019 | |
Comment |