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Accelerating Private Investment in Agriculture Program

Abstract*

The development objective of the Accelerating Private Investment in Agriculture Program Project for Ukraine is to alleviate select constraints to increased participation of the private sector, in particular small and medium-sized enterprises (SMEs), in agricultural input and output markets of Ukraine. The proposed Program for Results (PforR) is fully aligned with the World Bank Group Country Partnership Framework (CPF) for Ukraine FY2017–2021. The...

* 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

The Program Development Objective is to alleviate select constraints to increased participation of the private sector, in particular small and medium-sized enterprises (SMEs), in agricultural input and output markets, and support the recovery of agricultural production in Ukraine affected by the war.

Key Details

Project Details

  • P166941

  • Closed

  • Sergiy Zorya

  • Ukraine

  • Ukraine

  • June 28, 2018

  • (as of board presentation)

    May 24, 2019

  • May 20, 2020

  • US$ 1293.82 million

  • Ministry of Agrarian Policy and Food of Ukraine

  • Europe and Central Asia

  • 2019

  • US$ 200.00 million

  • N/A

  • Not Applicable

  • June 30, 2024

  • No

  • BANK APPROVED

  • May 20, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 446.91
International Bank for Reconstruction and Development 200.00

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** 1293.82

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

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No data available.
Period Financier Transaction Type Amount (US$)
Jan 15, 2024 IBRD-89730 Int Charges 68,474.68
Jan 15, 2024 IBRD-89730 Int Charges 6,571,146.50
Jul 15, 2024 IBRD-89730 Int Charges 42,810.12
Jul 15, 2024 IBRD-89730 Int Charges 6,610,595.50
Jul 15, 2024 IBRD-89730 Loan Repay 7,700,000.00
May 24, 2019 IBRD-89730 Loan Commitment 200,000,000.00
Apr 7, 2022 IBRD-89730 Loan Disb 31,000,000.00
Jul 15, 2022 IBRD-89730 Int Charges 7,868.87
Jul 15, 2022 IBRD-89730 Int Charges 181,211.98
Jul 15, 2022 IBRD-89730 Int Charges 2,839.04
Jul 15, 2022 IBRD-89730 Int Charges 334,471.20
Dec 13, 2021 IBRD-89730 Loan Disb 6,500,000.00
Jan 21, 2022 IBRD-89730 Loan Disb 3,500,000.00
Jan 15, 2022 IBRD-89730 Int Charges 225,284.12
Jan 15, 2022 IBRD-89730 Int Charges 90,262.14
Dec 21, 2021 IBRD-89730 Loan Disb 8,000,000.00
May 10, 2023 IBRD-89730 Loan Disb 132,010,768.00
Jan 15, 2023 IBRD-89730 Int Charges 1,421,850.90
Jan 15, 2023 IBRD-89730 Int Charges 77,145.57
Jan 15, 2023 IBRD-89730 Int Charges 166,369.73
Jul 15, 2023 IBRD-89730 Int Charges 89,384.99
Jul 15, 2023 IBRD-89730 Int Charges 103,981.08
Jul 15, 2023 IBRD-89730 Int Charges 3,255,275.50
May 20, 2020 IBRD-89730 Loan Disb 500,000.00
May 20, 2020 IBRD-89730 Fee Charges 500,000.00
Dec 17, 2020 IBRD-89730 Loan Disb 18,500,000.00
Jan 15, 2021 IBRD-89730 Int Charges 2,785.56
Jan 15, 2021 IBRD-89730 Int Charges 359,349.12
Jan 15, 2021 IBRD-89730 Int Charges 2,022.22
Jan 15, 2021 IBRD-89730 Int Charges 247,120.50
Dec 28, 2020 IBRD-89730 Loan Disb -10,769.26
Jul 15, 2021 IBRD-89730 Int Charges 3,669.47
Jul 15, 2021 IBRD-89730 Int Charges 12,574.56
Jul 15, 2021 IBRD-89730 Int Charges 224,405.08
Jul 15, 2021 IBRD-89730 Int Charges 97,377.25

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2024-05-29
Overall Implementation Progress (IP) Satisfactory 2024-05-29
Progress towards achievement of PDO Satisfactory 2024-05-29

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-20-2024
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of women beneficiaries reached with Program activities.Value0.0060.000.00
    DateDecember 31, 2018December 30, 2024
    Comment
  • Share of the free legal aid cases responded in writing within 10 days of the receipt of inquiryValue12.0095.0090.00
    DateJanuary 1, 2019December 30, 2024December 30, 2022
    Comment
  • At least 4,000 agricultural producers benefited from the state support under Credit Program 5-7-9 in 2022Value0.004000.000.00
    DateFebruary 28, 2022December 30, 2022
    Comment
  • Matching grants for horticulture mobilized at least 400 million UAH private contributionsValue0.0010880000.000.00
    DateJanuary 2, 2023December 29, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Medium-term Expenditure Framework applied in planning and budgeting at the MAPF in respect of agrifood sector.ValueNoYes
    DateDecember 31, 2018May 30, 2022
    Comment
  • At least 19 billion UAH of agricultural loans under credit program “5-7-9” issued for the 2022 spring crop planting campaignValue0.00517000000.000.00
    DateFebruary 28, 2022December 30, 2022
    Comment
  • 100% of unregistered state lands as of July 1, 2021 (or any other date agreed between the Borrower and the Bank) are registeredValue0.00100.0012.50
    DateMarch 1, 2020June 30, 2025March 1, 2023
    Comment
  • The state provided at least 2 billion UAH for leveraging agricultural loans under credit program “5-7-9” in the calendar year 2023Value0.0054000000.000.00
    DateJanuary 2, 2023December 29, 2023
    Comment
  • At least 1.3 billion UAH was provided by the state as matching grants for horticulture investments in the calendar year 2023Value0.0035000000.000.00
    DateJanuary 2, 2023December 29, 2023
    Comment
  • Number of women benefitting from legal empowerment activities on land issuesValue0.0045000.0035000.00
    DateJanuary 1, 2019December 30, 2024December 30, 2022
    Comment
  • At least 360 million UAH was provided by the state to the Partial Credit Guarantee Fund in the calendar year 2023Value0.009780000.000.00
    DateJanuary 2, 2023December 29, 2023
    Comment
  • At least 200 million UAH spent by the state on supporting the water user organizations in the calendar year 2023Value0.005440000.000.00
    DateJanuary 1, 2023December 29, 2023
    Comment