| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 200.00 |
Abstract*
The operation aims to support Cameroon’s efforts to adjust to a substantial decline in oil prices which has precipitated a regional economic crisis and diminished the country’s prospects for growth and poverty reduction. Cameroon, a lower middle income country with a population of about 23 million, is the largest economy in the Central African Economic and Monetary Community (CEMAC). The region is experiencing a difficult economic crisis precipitated... Show More
Development Objective
The Operation will help Cameroon adjust to the oil price shock by: (i) supporting structural reforms to reduce the fiscal deficit while protecting the poor; and (ii) strengthening competitiveness of the non-oil economy. Board Schedule Comments
Key Details
Project Details
P163657
Closed
Sona Varma
Ministère de l’économie, de la Planification et de l’aménagement du Territoire.
October 4, 2017
(as of board presentation)
December 20, 2017
December 22, 2017
US$ 200.00 million
Ministère de l’économie, de la Planification et de l’aménagement du Territoire.
2018
US$ 200.00 million
N/A
August 31, 2023
December 31, 2018
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 200.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 200.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 200.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 15, 2024 | IBRD-88190 | Int Charges | 5,120,639.00 |
| Dec 20, 2017 | IBRD-88190 | Loan Commitment | 200,000,000.00 |
| May 31, 2018 | IBRD-88190 | Int Charges | 825,717.30 |
| Dec 22, 2017 | IBRD-88190 | Loan Disb | 509,614.50 |
| May 15, 2022 | IBRD-88190 | Int Charges | 736,631.56 |
| Dec 29, 2017 | IBRD-88190 | Loan Disb | 205,660,960.00 |
| Dec 13, 2018 | IBRD-88190 | Int Charges | 1,080,320.20 |
| Jun 28, 2019 | IBRD-88190 | Int Charges | 0.03 |
| Jun 28, 2019 | IBRD-88190 | Int Charges | 1,072,970.40 |
| Dec 27, 2019 | IBRD-88190 | Int Charges | 1,097,587.80 |
| Jun 1, 2020 | IBRD-88190 | Int Charges | 975,385.70 |
| Nov 15, 2020 | IBRD-88190 | Int Charges | 1,257,109.50 |
| Jun 4, 2021 | IBRD-88190 | Int Charges | 889,975.25 |
| Dec 3, 2021 | IBRD-88190 | Int Charges | 825,138.50 |
| Nov 15, 2023 | IBRD-88190 | Int Charges | 4,757,106.00 |
| May 15, 2023 | IBRD-88190 | Int Charges | 3,424,639.20 |
| Dec 2, 2022 | IBRD-88190 | Int Charges | 1,056,054.20 |
| Dec 22, 2017 | IBRD-88190 | Fee Charges | 509,614.50 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2019-05-10 |
| Program Management | Satisfactory | 2019-05-10 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2019-05-10 |
| Monitoring and Evaluation | Satisfactory | 2019-05-10 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-29-2023 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 01-09-2024 | 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.