Economic Management Support Operation First DPF

Abstract*

This program document seeks approval of the Executive Directors of a proposed programmatic Economic Management Support Development Policy Financing Operation (EMSO1) to Mongolia. This operation, in the amount of US$120 million, including US$80 million from the IDA 18 Crisis Response Window, is the first of three Development Policy Financing (DPF) operations in a programmatic series. The program development objective of the DPF is to support the Government... Show More

Development Objective

The Program Development Objective of the proposed DPF is to support the Government of Mongolia in restoring fiscal sustainability through fiscal adjustment, strengthening the social protection system, and supporting the competitiveness of the economy.

Key Details

Project Details

Project ID
P162402
Status
Closed
Team Leader
Jean-Pascal Nganou , Taehyun Lee
Borrower 2
N/A

Country
Mongolia
Disclosure Date
June 7, 2017
Approval Date
(as of board presentation)
November 30, 2017
Effective Date
December 14, 2017

Total Project Cost 1
US$ 120.00 million
Implementing Agency
N/A
Region
East Asia and Pacific
Fiscal Year 3
2018

Commitment Amount
US$ 120.00 million
Environmental Category
N/A
Last Update Date
May 1, 2023
Closing Date
July 31, 2018

Last Stage Reached
BANK APPROVED

Associated Projects
P167485

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Fiscal Policy33%
- FY17 - Fiscal sustainability33%
FY17 - Trade11%
- FY17 - Trade Facilitation11%

FY17 - Private Sector Development

FY17 - Business Enabling Environment11%
- FY17 - Regulation and Competition Policy11%

FY17 - Public Sector Management

FY17 - Public Finance Management22%
- FY17 - Domestic Revenue Administration11%
- FY17 - Public Expenditure Management11%

FY17 - Social Development and Protection

FY17 - Social Protection11%
- FY17 - Social Insurance and Pensions11%

FY17 - Urban and Rural Development

FY17 - Rural Development11%
- FY17 - Rural Infrastructure and service delivery11%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	120.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	120.00
IBRD + IDA Commitment	120.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	120.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jun 15, 2020	IDA-61300	Int Charges	448,461.16
Jun 15, 2020	IDA-61300	Int Charges	736,302.25
Dec 15, 2020	IDA-61300	Int Charges	11,606.28
Dec 15, 2020	IDA-61300	Int Charges	467,523.25
Dec 15, 2020	IDA-61300	Int Charges	467,523.25
Dec 15, 2020	IDA-61300	Int Charges	756,051.00
Jun 15, 2021	IDA-61300	Int Charges	23,173.54
Jun 15, 2021	IDA-61300	Int Charges	467,910.16
Jun 15, 2021	IDA-61300	Int Charges	467,910.16
Jun 15, 2021	IDA-61300	Int Charges	770,515.90
Jun 15, 2022	IDA-61300	Int Charges	721,679.94
Jun 15, 2022	IDA-61300	Int Charges	13,399.27
Jun 15, 2022	IDA-61300	Int Charges	13,399.27
Jun 15, 2022	IDA-61300	Int Charges	419,608.72
Jun 15, 2022	IDA-61300	Int Charges	419,608.72
Dec 15, 2021	IDA-61300	Int Charges	9,057.89
Dec 15, 2021	IDA-61300	Int Charges	454,050.06
Dec 15, 2021	IDA-61300	Int Charges	454,050.06
Dec 15, 2021	IDA-61300	Int Charges	756,750.10
Dec 15, 2022	IDA-61300	Loan Repay	1,873,809.40
Dec 15, 2022	IDA-61300	Int Charges	432,679.60
Dec 15, 2022	IDA-61300	Int Charges	432,679.60
Dec 15, 2022	IDA-61300	Loan Repay	29,980.86
Dec 15, 2022	IDA-61300	Int Charges	596,352.75
Jun 15, 2023	IDA-61300	Int Charges	426,761.90
Jun 15, 2023	IDA-61300	Int Charges	426,761.90
Jun 15, 2023	IDA-61300	Int Charges	711,269.75
Jun 15, 2023	IDA-61300	Int Charges	125,138.13
Jun 15, 2023	IDA-61300	Loan Repay	1,909,255.00
Dec 15, 2023	IDA-61300	Loan Repay	47,445.06
Dec 15, 2023	IDA-61300	Loan Repay	1,870,622.10
Dec 15, 2023	IDA-61300	Int Charges	421,538.84
Dec 15, 2023	IDA-61300	Int Charges	421,538.84
Dec 15, 2023	IDA-61300	Int Charges	632,522.60
Jun 15, 2024	IDA-61300	Int Charges	68,831.76
Jun 15, 2024	IDA-61300	Loan Repay	1,884,921.20
Jun 15, 2024	IDA-61300	Int Charges	407,185.84
Jun 15, 2024	IDA-61300	Int Charges	407,185.84
Jun 15, 2024	IDA-61300	Int Charges	675,759.44
Jun 15, 2018	IDA-61300	Int Charges	440,926.66
Jun 15, 2018	IDA-61300	Int Charges	440,926.66
Nov 30, 2017	IDA-61300	Loan Commitment	120,000,000.00
Jun 15, 2018	IDA-61300	Int Charges	734,877.75
Dec 22, 2017	IDA-61300	Loan Disb	122,742,928.00
Dec 15, 2018	IDA-61300	Int Charges	36,139.49
Dec 15, 2018	IDA-61300	Int Charges	36,139.49
Dec 15, 2018	IDA-61300	Int Charges	412,204.62
Dec 15, 2018	IDA-61300	Int Charges	412,204.62
Dec 15, 2018	IDA-61300	Int Charges	747,240.20
Jun 15, 2019	IDA-61300	Int Charges	749,591.94
Jun 15, 2019	IDA-61300	Int Charges	16,351.61
Jun 15, 2019	IDA-61300	Int Charges	16,351.61
Jun 15, 2019	IDA-61300	Int Charges	433,403.56
Jun 15, 2019	IDA-61300	Int Charges	433,403.56
Dec 17, 2019	IDA-61300	Int Charges	739,199.75
Dec 15, 2019	IDA-61300	Int Charges	6,225.06
Dec 15, 2019	IDA-61300	Int Charges	6,225.06
Dec 17, 2019	IDA-61300	Int Charges	442,998.10
Dec 17, 2019	IDA-61300	Int Charges	442,998.10
Jun 15, 2020	IDA-61300	Int Charges	9,471.38
Jun 15, 2020	IDA-61300	Int Charges	448,461.16

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-28-2023
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 10-04-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality		N/a

Results Framework

No data available.

Economic Management Support Operation First DPF

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework