| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 300.00 |
Strengthening Markets for Agriculture and Rural Transformation Punjab Program
Abstract*
The development objective of the Strengthening Markets for Agriculture and Rural Transformation (SMART) in Punjab Program Project for Pakistan is to increase the productivity of crop and livestock farmers, improve their climate resilience, and foster agribusiness development in Punjab. The proposed SMART Punjab Program aligns with the World Bank objectives of private sector development and inclusion, set out in the Country Partnership Strategy (CPS)... Show More
Development Objective
To increase the productivity of crop and livestock farmers, improve their climate resilience, and foster agribusiness development in Punjab.
Key Details
Project Details
P162446
Closed
Olivier Durand
Islamic Republic of Pakistan
August 14, 2017
(as of board presentation)
December 15, 2017
February 2, 2018
US$ 300.00 million
Department of Agriculture
2018
US$ 300.00 million
N/A
May 29, 2024
June 30, 2024
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 15, 2022 | IBRD-88090 | Int Charges | 182,635.06 |
| Jun 15, 2022 | IBRD-88090 | Int Charges | 876,857.30 |
| Jun 15, 2022 | IBRD-88090 | Int Charges | 878.43 |
| Apr 12, 2022 | IBRD-88090 | Loan Disb | 7,182,000.00 |
| Jun 15, 2024 | IBRD-88090 | Int Charges | 6,971,353.00 |
| Jun 15, 2024 | IBRD-88090 | Int Charges | 39,901.87 |
| Jun 15, 2024 | IBRD-88090 | Int Charges | 23,445.83 |
| Jun 15, 2024 | IBRD-88090 | Loan Repay | 3,171,080.00 |
| Jun 21, 2024 | IBRD-88090 | Loan Disb | 8,980,000.00 |
| Dec 15, 2017 | IBRD-88090 | Loan Commitment | 300,000,000.00 |
| Dec 6, 2021 | IBRD-88090 | Loan Disb | 14,250,000.00 |
| Dec 15, 2021 | IBRD-88090 | Int Charges | 203,910.30 |
| Dec 15, 2021 | IBRD-88090 | Int Charges | 680,578.56 |
| Dec 15, 2022 | IBRD-88090 | Int Charges | 177,760.94 |
| Dec 15, 2022 | IBRD-88090 | Int Charges | 3,013,854.20 |
| Dec 12, 2022 | IBRD-88090 | Loan Disb | 2,000,000.00 |
| Jun 20, 2023 | IBRD-88090 | Loan Disb | 18,225,000.00 |
| Jun 15, 2023 | IBRD-88090 | Loan Disb | 22,900,000.00 |
| Jun 15, 2023 | IBRD-88090 | Int Charges | 41.10 |
| Jun 15, 2023 | IBRD-88090 | Int Charges | 203,155.86 |
| Jun 15, 2023 | IBRD-88090 | Int Charges | 59,339.03 |
| Jun 15, 2023 | IBRD-88090 | Int Charges | 4,429,513.00 |
| Oct 19, 2022 | IBRD-88090 | Loan Cancel | 70,250,000.00 |
| Dec 15, 2023 | IBRD-88090 | Int Charges | 6,487.21 |
| Dec 15, 2023 | IBRD-88090 | Int Charges | 6,352,636.50 |
| Dec 15, 2023 | IBRD-88090 | Loan Repay | 3,019,080.00 |
| Dec 15, 2023 | IBRD-88090 | Int Charges | 29,831.96 |
| Dec 15, 2023 | IBRD-88090 | Int Charges | 85,166.32 |
| Dec 20, 2023 | IBRD-88090 | Loan Disb | 10,000,000.00 |
| Mar 14, 2018 | IBRD-88090 | Loan Disb | 29,925,000.00 |
| Feb 2, 2018 | IBRD-88090 | Loan Disb | 750,000.00 |
| Feb 2, 2018 | IBRD-88090 | Fee Charges | 750,000.00 |
| Jun 22, 2018 | IBRD-88090 | Loan Disb | 10,000,000.00 |
| Jun 22, 2018 | IBRD-88090 | Loan Disb | 2,000,000.00 |
| Jun 15, 2018 | IBRD-88090 | Int Charges | 134,662.50 |
| Jun 15, 2018 | IBRD-88090 | Int Charges | 218,610.44 |
| Jun 26, 2018 | IBRD-88090 | Loan Disb | 1,000,000.00 |
| Dec 15, 2018 | IBRD-88090 | Int Charges | 717,358.50 |
| Dec 15, 2018 | IBRD-88090 | Int Charges | 321,934.75 |
| Jun 15, 2019 | IBRD-88090 | Int Charges | 312,800.00 |
| Jun 15, 2019 | IBRD-88090 | Int Charges | 814,757.10 |
| Apr 17, 2019 | IBRD-88090 | Loan Disb | 16,650,000.00 |
| Jun 21, 2019 | IBRD-88090 | Loan Disb | 3,000,000.00 |
| Sep 30, 2019 | IBRD-88090 | Loan Disb | 12,000,000.00 |
| Dec 5, 2019 | IBRD-88090 | Loan Disb | 3,000,000.00 |
| Jan 24, 2020 | IBRD-88090 | Loan Disb | 1,000,000.00 |
| Dec 15, 2019 | IBRD-88090 | Int Charges | 93,962.46 |
| Dec 15, 2019 | IBRD-88090 | Int Charges | 290,325.53 |
| Dec 15, 2019 | IBRD-88090 | Int Charges | 1,081,814.50 |
| Dec 15, 2019 | IBRD-88090 | Int Charges | 6,728.43 |
| Apr 20, 2020 | IBRD-88090 | Loan Disb | 23,390,000.00 |
| Jun 24, 2020 | IBRD-88090 | Loan Disb | 4,500,000.00 |
| Jun 15, 2020 | IBRD-88090 | Int Charges | 2,394.53 |
| Jun 15, 2020 | IBRD-88090 | Int Charges | 267,240.50 |
| Jun 15, 2020 | IBRD-88090 | Int Charges | 1,077,693.10 |
| Jun 15, 2020 | IBRD-88090 | Int Charges | 205.48 |
| Dec 15, 2020 | IBRD-88090 | Int Charges | 8,947.00 |
| Dec 15, 2020 | IBRD-88090 | Int Charges | 88,563.31 |
| Dec 15, 2020 | IBRD-88090 | Int Charges | 658,100.30 |
| Dec 15, 2020 | IBRD-88090 | Int Charges | 241,093.95 |
| Dec 11, 2020 | IBRD-88090 | Loan Disb | 6,000,000.00 |
| Jun 15, 2021 | IBRD-88090 | Int Charges | 642.74 |
| Jun 15, 2021 | IBRD-88090 | Int Charges | 223,467.08 |
| Jun 15, 2021 | IBRD-88090 | Int Charges | 640,649.60 |
| Jun 15, 2021 | IBRD-88090 | Int Charges | 163.93 |
| Jun 23, 2021 | IBRD-88090 | Loan Disb | 2,250,000.00 |
| Apr 12, 2021 | IBRD-88090 | Loan Disb | 21,250,000.00 |
| Jun 15, 2022 | IBRD-88090 | Int Charges | 2,612.81 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-06-24 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-06-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-06-24 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Water delivery ratio in selected canals Value 0.61 0.90 0.90 Date November 22, 2017 November 30, 2023 June 30, 2024 Comment Input subsidy beneficiary farmers who have recorded a wheat productivity increase over the past three cropping seasons Value 0.00 0.00 75.00 Date January 1, 2018 November 30, 2023 June 30, 2024 Comment Farmers below 25 acres covered by agricultural insurance Value 0.00 0.00 80.00 Date February 2, 2018 November 30, 2023 June 30, 2024 Comment Wholesale markets privately managed Value 0.00 50.00 80.00 Date July 1, 2018 November 30, 2023 June 30, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
E-voucher scheme for ag inputs subsidy extended farmers < 5 ha Value 25000.00 350000.00 400000.00 Date November 22, 2017 November 30, 2023 June 30, 2024 Comment Punjab Crops and Livestock Research and Extension Policy & Strategy notified Value No No Yes Date November 22, 2017 November 30, 2023 June 30, 2024 Comment Increased investment in CSA Value 3.00 17.00 15.00 Date November 22, 2017 November 30, 2023 June 30, 2022 Comment Increased budgetary allocation for agricultural research in ADP Value 0.00 20.00 20.00 Date July 1, 2017 November 30, 2023 July 1, 2022 Comment Farmers below 25 acres in flood-prone districts covered by agricultural insurance Value 0.00 0.00 60.00 Date January 1, 2023 November 30, 2023 June 30, 2024 Comment Budgetary allocation ratio for animal preventive healthcare increased (as compared to curative healthcare) Value 65.00 80.00 80.00 Date July 1, 2017 November 30, 2023 June 30, 2024 Comment Animals of selected species registered in progeny testing programs increased Value 7000.00 60000.00 60000.00 Date December 22, 2017 November 30, 2023 June 30, 2024 Comment Farmers encouraged to adopt HVA through increased allocation for HVA in ADP expressed as percentage of total allocation for agriculture Value 3.50 43.40 20.00 Date November 22, 2017 November 30, 2023 June 30, 2024 Comment Farmers reached with agricultural assets or services Value 25000.00 350000.00 500000.00 Date December 22, 2017 November 30, 2023 June 30, 2024 Comment PAMRA (Punjab Agricultural Marketing Regulatory Authority) Act approved and enforced Value No Yes Yes Date November 22, 2017 November 30, 2023 June 30, 2024 Comment Agricultural produce and food testing laboratories established at provinc, region, divisional levels Value 0.00 5.00 8.00 Date November 22, 2017 November 30, 2023 June 30, 2024 Comment Farmers reached with agricultural assets or services - Female Value 1000.00 15000.00 15000.00 Date November 22, 2017 November 21, 2018 December 31, 2021 Comment