| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 1000.00 |
Second Fiscal Consolidation, Sustainable Energy & Competitiveness DPF
Abstract*
The development objective of the Second Fiscal Consolidation, Sustainable Energy Competitiveness Development Policy Financing Project for Egypt is built around three pillars, which are also the program development objectives (PDOs) of the programmatic series. The series focuses on three pillars. First, by enhancing macroeconomic and fiscal stability the operation will help boost investor confidence and free up domestic financing for the private sector... Show More
Development Objective
Project Development Objective (Note: will be disclosed in the MOS)The proposed operation is built around three pillars, which are also the Program Development Objectives (PDOs) of the Program: (1) to advance fiscal consolidation through higher revenue collection, greater moderation of the wage bill growth, and stronger debt management, (2) to ensure sustainable energy supply through private sector engagement, and (3) to enhance the business environment through investment laws, industrial license requirements as well as enhancing competitionBoard Schedule Comments
Key Details
Project Details
P161228
Closed
Ashish Khanna , Mohamed Chowdhury
Minister of International Cooperation
October 31, 2016
(as of board presentation)
December 20, 2016
March 15, 2017
US$ 1000.00 million
N/A
2017
US$ 1000.00 million
N/A
October 18, 2022
June 30, 2018
BANK APPROVED
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$) |
|---|---|---|---|
| Mar 20, 2017 | IBRD-86850 | Loan Disb | 997,500,030.00 |
| Mar 15, 2017 | IBRD-86850 | Loan Disb | 2,500,000.00 |
| Mar 15, 2017 | IBRD-86850 | Fee Charges | 2,500,000.00 |
| Oct 1, 2017 | IBRD-86850 | Int Charges | 191,695.20 |
| Oct 1, 2017 | IBRD-86850 | Int Charges | 737,434.00 |
| Oct 1, 2017 | IBRD-86850 | Int Charges | 11,996,667.00 |
| Apr 1, 2018 | IBRD-86850 | Int Charges | 12,487,222.00 |
| Oct 1, 2018 | IBRD-86850 | Int Charges | 17,334,166.00 |
| Apr 1, 2019 | IBRD-86850 | Int Charges | 18,149,444.00 |
| Oct 1, 2019 | IBRD-86850 | Int Charges | 18,503,334.00 |
| Apr 1, 2020 | IBRD-86850 | Int Charges | 15,504,167.00 |
| Oct 1, 2020 | IBRD-86850 | Int Charges | 10,573,333.00 |
| Dec 20, 2016 | IBRD-86850 | Loan Commitment | 1,000,000,000.00 |
| Oct 1, 2023 | IBRD-86850 | Int Charges | 560,433.10 |
| Oct 1, 2023 | IBRD-86850 | Loan Repay | 17.43 |
| Oct 1, 2023 | IBRD-86850 | Int Charges | 29,958,786.00 |
| Oct 1, 2023 | IBRD-86850 | Loan Repay | 16,700,000.00 |
| Apr 1, 2024 | IBRD-86850 | Int Charges | 496,675.84 |
| Apr 1, 2024 | IBRD-86850 | Int Charges | 32,245,070.00 |
| Apr 1, 2024 | IBRD-86850 | Loan Repay | 16,700,000.00 |
| Oct 1, 2022 | IBRD-86850 | Int Charges | 13,698,368.00 |
| Oct 1, 2022 | IBRD-86850 | Loan Repay | 16,700,000.00 |
| Apr 1, 2023 | IBRD-86850 | Int Charges | 1,281,633.00 |
| Apr 1, 2023 | IBRD-86850 | Int Charges | 24,608,660.00 |
| Apr 1, 2023 | IBRD-86850 | Loan Repay | 16,699,983.00 |
| Apr 1, 2022 | IBRD-86850 | Int Charges | 6,016,111.00 |
| Apr 1, 2022 | IBRD-86850 | Loan Repay | 16,700,000.00 |
| Apr 1, 2021 | IBRD-86850 | Int Charges | 6,420,555.50 |
| Oct 1, 2021 | IBRD-86850 | Int Charges | 6,303,333.50 |
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.