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COVID-19 Supplemental Financing to the Second Ethiopia Growth and Competitiveness Programmatic Development Policy Financing

Abstract*

The operation provides US250 million dollars in supplemental financing for the Second Ethiopia Growth and Competitiveness Programmatic Development Policy Financing (DPF2; P169079) to help the Government of Ethiopia (GoE) cover an unanticipated financing gap that has opened due to the impact of the coronavirus disease (COVID-19) outbreak. DPF2, approved by the World Bank Board on March 19, 2020, was the second operation in a series that aims to boost...

* 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

This DPO series aims at boosting economic transformation in Ethiopia by increasing private sector participation and promoting good governance practices, including moving towards a sustainable financing model for Ethiopia’s development.

Key Details

Project Details

  • P169080

  • Active

  • Miguel Sanchez Martin , Mikul Bhatia

  • Federal Democratic Republic of Ethiopia

  • Ethiopia

  • May 25, 2020

  • (as of board presentation)

    June 8, 2020

  • N/A

  • US$ 250.00 million

  • N/A

  • May 31, 2024

  • February 26, 2021

  • BANK APPROVED

  • P169079

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 125.00
IDA Grant 125.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 250.00
IBRD + IDA Commitment 250.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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: 05-31-2024
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-15-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.