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Second Additional Financing for Philippine Rural Development Project

Development Objective

The PRDP aims to increase rural incomes and enhance farm and fishery productivity in the targeted areas.

Key Details

Project Details

  • P169025

  • Active

  • Eli Weiss , Maria Quinones

  • Republic of the Philippines

  • Philippines

  • November 10, 2020

  • (as of board presentation)

    June 17, 2021

  • N/A

  • US$ 385.44 million

  • Department of Agriculture,DEPARTMENT OF AGRICULTURE

  • East Asia and Pacific

  • 2021

  • US$ 302.07 million

  • B

  • October 15, 2023

  • May 31, 2023

  • Yes

  • BANK APPROVED

  • P132317

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 280.00
Philippine Rural Development Project Single - Donor TF 22.07
Local Govts. (Prov., District, City) of Borrowing Country 75.30

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 280.00
IDA Commitment N/A
IBRD + IDA Commitment 280.00
Lending Instrument
Grant Amount 22.07
Total Project Cost** 385.44

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$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT:
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.