| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 389.00 |
| Concessional Financing Facility | 111.00 |
Jordan First Equitable Growth & Job Creation Programmatic Development Policy Financing
Abstract*
The proposed First Equitable Growth and Job Creation Development Policy Financing is designed to help Jordan lay the foundations for a higher and more sustainable economic growth path, while creating more jobs for Jordanians and non‐Jordanians. The post‐2011 refugee influx has deepened Jordan’s labor abundance, but it did not alter the structural pattern of job creation Currently, job growth is concentrated in low productivity sectors with localized... Show More
Development Objective
The program development objective is to support Jordan to set foundations to: (i) reduce business costs and improve market accessibility, (ii) create more flexible and integrated labor markets and provide better and more efficient social assistance, and (iii) improve fiscal sustainability and take more informed decisions regarding risk.
Key Details
Project Details
P166360
Closed
Christos Kostopoulos
Hashemite Kingdom of Jordan
May 25, 2018
(as of board presentation)
June 27, 2018
July 19, 2018
US$ 500.00 million
Ministry of Planning and International Cooperation
2018
US$ 500.00 million
N/A
Not Applicable
June 30, 2020
BANK APPROVED
April 25, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 389.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 389.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 111.00 |
| Total Project Cost** | 500.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 15, 2024 | IBRD-88980 | Int Charges | 13,846,322.00 |
| May 15, 2020 | IBRD-88980 | Int Charges | 6,725,810.00 |
| May 15, 2024 | IBRD-88980 | Loan Repay | 6,379,600.00 |
| Nov 15, 2023 | IBRD-88980 | Loan Repay | 6,379,600.00 |
| Nov 15, 2023 | IBRD-88980 | Int Charges | 13,395,965.00 |
| May 15, 2023 | IBRD-88980 | Int Charges | 12,869,201.00 |
| May 15, 2023 | IBRD-88980 | Loan Repay | 6,379,600.00 |
| Nov 15, 2022 | IBRD-88980 | Int Charges | 6,879,249.00 |
| Nov 15, 2021 | IBRD-88980 | Int Charges | 3,360,095.50 |
| May 15, 2022 | IBRD-88980 | Int Charges | 3,383,543.50 |
| May 15, 2021 | IBRD-88980 | Int Charges | 3,422,659.80 |
| Nov 15, 2020 | IBRD-88980 | Int Charges | 4,334,324.50 |
| May 15, 2019 | IBRD-88980 | Int Charges | 8,527,312.00 |
| Jul 26, 2018 | IBRD-88980 | Loan Disb | 194,013,744.00 |
| Nov 15, 2018 | IBRD-88980 | Int Charges | 4,714,199.50 |
| Jul 19, 2018 | IBRD-88980 | Loan Disb | 972,500.00 |
| Jul 19, 2018 | IBRD-88980 | Fee Charges | 972,500.00 |
| Aug 2, 2018 | IBRD-88980 | Loan Disb | 194,013,744.00 |
| Nov 15, 2019 | IBRD-88980 | Int Charges | 8,131,829.00 |
| Jun 27, 2018 | IBRD-88980 | Loan Commitment | 389,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-25-2024 |
|---|---|
| Outcomes | Moderately Unsatisfactory |
| Risk to Development Outcome | |
| Bank Performance | Moderately Unsatisfactory |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 09-25-2024 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Unsatisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Moderately Unsatisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | Modest | N/a |
| M&e Quality | N/a |
Results Framework
No data available.