| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 718.50 |
| Concessional Financing Facility | 31.50 |
Second Fiscal Sustainability, Competitiveness, and Migration DPF
Abstract*
The development objective of the Second Fiscal Sustainability, Competitiveness, and Migration Development Policy Financing Program for Colombia of the operation are to: (i) support fiscal sustainability measures and improved contingent liabilities management; (ii) foster productivity and growth in non-extractive sectors by strengthening the policy framework for trade facilitation, business regulation, innovation and green growth; and (iii) support... Show More
Development Objective
The series' Program Development Objectives are to: (i) support fiscal sustainability measures and improved contingent liabilities management; (ii) foster productivity and growth in non-extractive sectors by strengthening the policy framework for trade facilitation, business regulation, innovation and green growth; and (iii) support regularization and integration of migrants.
Key Details
Project Details
P162858
Closed
Leonardo Iacovone , Cristina Savescu
Republic of Colombia
May 21, 2019
(as of board presentation)
May 21, 2019
October 23, 2019
US$ 750.00 million
Ministry of Finance and Public Credit,National Planning Department
2019
US$ 750.00 million
N/A
Not Applicable
May 21, 2020
BANK APPROVED
February 16, 2022
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 718.50 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 718.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | 31.50 |
| Total Project Cost** | 750.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 15, 2022 | IBRD-89610 | Int Charges | 9,412,350.00 |
| Jul 15, 2023 | IBRD-89610 | Int Charges | 9,412,350.00 |
| Oct 31, 2019 | IBRD-89610 | Loan Disb | 718,499,970.00 |
| Jul 15, 2022 | IBRD-89610 | Int Charges | 9,412,350.00 |
| Jan 15, 2023 | IBRD-89610 | Int Charges | 9,412,350.00 |
| Oct 25, 2019 | IBRD-89610 | Fee Charges | 1,796,250.00 |
| Mar 13, 2020 | IBRD-89610 | Loan Disb | -718,499,970.00 |
| Jul 15, 2024 | IBRD-89610 | Int Charges | 9,412,350.00 |
| May 21, 2019 | IBRD-89610 | Loan Commitment | 718,499,970.00 |
| Jul 15, 2020 | IBRD-89610 | Int Charges | 6,379,481.50 |
| Jan 15, 2024 | IBRD-89610 | Int Charges | 9,412,350.00 |
| Jul 15, 2020 | IBRD-89610 | Int Charges | 3,530,629.20 |
| Jul 15, 2021 | IBRD-89610 | Int Charges | 9,412,350.00 |
| Jan 15, 2020 | IBRD-89610 | Int Charges | 4,808,361.50 |
| Mar 13, 2020 | IBRD-89610 | Loan Disb | 718,499,970.00 |
| Mar 13, 2020 | IBRD-89610 | Loan Disb | -718,499,970.00 |
| Mar 13, 2020 | IBRD-89610 | Loan Disb | 718,499,970.00 |
| Jan 15, 2021 | IBRD-89610 | Int Charges | 9,412,350.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-16-2022 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 07-21-2022 | 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.