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First Programmatic Financial and Fiscal Stability Development Policy Credit

Abstract*

The Programmatic Development Policy Credit (PDPC) series supports Guyana’s reform efforts to reinforce sound financial sector development and to strengthen fiscal management. The proposed operation is the first in a series of two operations. The series builds on three pillars of policy reforms. The first pillar supports the Bank of Guyana’s (BOG’s) ability to manage financial stress including establishing a deposit insurance scheme. The second pillar...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Promote Sound Financial Development and Strengthen Fiscal Management

Key Details

Project Details

  • P165425

  • Closed

  • Steen Byskov , Philip M. Schuler, Marlon Rawlins

  • The Co-operative Republic of Guyana

  • Guyana

  • March 27, 2018

  • (as of board presentation)

    June 22, 2018

  • August 22, 2018

  • US$ 25.00 million

  • Ministry of Finance,Bank of Guyana

  • Latin America and Caribbean

  • 2018

  • US$ 35.00 million

  • N/A

  • Not Applicable

  • June 30, 2019

  • BANK APPROVED

  • June 29, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 35.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 35.00
IBRD + IDA Commitment 35.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 25.00

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

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 15, 2020 IDA-62860 Int Charges 124,305.54
Aug 15, 2024 IDA-62860 Int Charges 1,644.25
Aug 15, 2024 IDA-62860 Int Charges 1,644.25
Feb 15, 2024 IDA-62860 Int Charges 120,828.39
Feb 15, 2024 IDA-62860 Int Charges 120,828.39
Feb 15, 2024 IDA-62860 Int Charges 209.64
Feb 15, 2024 IDA-62860 Int Charges 209.64
Jun 22, 2018 IDA-62860 Loan Commitment 35,000,000.00
Aug 15, 2023 IDA-62860 Int Charges 121,910.03
Aug 15, 2023 IDA-62860 Int Charges 121,910.03
Aug 15, 2023 IDA-62860 Int Charges 598.89
Aug 15, 2023 IDA-62860 Int Charges 598.89
Feb 15, 2023 IDA-62860 Int Charges 120,720.06
Feb 15, 2023 IDA-62860 Int Charges 120,720.06
Feb 15, 2023 IDA-62860 Int Charges 1,049.05
Feb 15, 2023 IDA-62860 Int Charges 1,049.05
Aug 15, 2022 IDA-62860 Int Charges 370.86
Aug 15, 2022 IDA-62860 Int Charges 370.86
Aug 15, 2022 IDA-62860 Int Charges 120,815.69
Aug 15, 2022 IDA-62860 Int Charges 120,815.69
Feb 15, 2022 IDA-62860 Int Charges 126,058.01
Feb 15, 2022 IDA-62860 Int Charges 126,058.01
Feb 15, 2022 IDA-62860 Int Charges 1,725.40
Feb 15, 2022 IDA-62860 Int Charges 1,725.40
Aug 15, 2021 IDA-62860 Int Charges 255.24
Aug 15, 2021 IDA-62860 Int Charges 255.24
Aug 15, 2021 IDA-62860 Int Charges 129,962.03
Aug 15, 2021 IDA-62860 Int Charges 129,962.03
Feb 15, 2021 IDA-62860 Int Charges 2,836.36
Feb 15, 2021 IDA-62860 Int Charges 2,836.36
Feb 15, 2021 IDA-62860 Int Charges 131,569.72
Feb 15, 2021 IDA-62860 Int Charges 131,569.72
Aug 15, 2020 IDA-62860 Int Charges 1,517.07
Aug 15, 2020 IDA-62860 Int Charges 1,517.07
Aug 15, 2020 IDA-62860 Int Charges 124,693.46
Aug 15, 2020 IDA-62860 Int Charges 124,693.46
Feb 15, 2019 IDA-62860 Int Charges 102,344.05
Feb 15, 2019 IDA-62860 Int Charges 102,344.05
Sep 19, 2018 IDA-62860 Loan Disb 34,214,168.00
Aug 15, 2019 IDA-62860 Int Charges 557.62
Aug 15, 2019 IDA-62860 Int Charges 557.62
Aug 15, 2019 IDA-62860 Int Charges 125,756.69
Aug 15, 2019 IDA-62860 Int Charges 125,756.69
Feb 15, 2020 IDA-62860 Int Charges 821.63
Feb 15, 2020 IDA-62860 Int Charges 821.63
Feb 15, 2020 IDA-62860 Int Charges 124,305.54
Aug 15, 2024 IDA-62860 Int Charges 118,918.00
Aug 15, 2024 IDA-62860 Int Charges 118,918.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2019-06-28
Program Management Satisfactory 2019-06-28
Overall Implementation Progress (IP) Moderately Satisfactory 2019-06-28
Monitoring and Evaluation Satisfactory 2019-06-28

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2021
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-19-2022PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.