| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 200.00 |
El Salvador Local Economic Resilience Project
Abstract*
The objective of Local Economic Resilience Project for El Salvador is to improve institutional performance of municipalities and increase access for citizens to services and resilient infrastructure. The project has 5 components. (1) Investments in services and in resilient municipal infrastructure to support Local Economic Development component will finance resilient municipal infrastructure, including the preparation of technical designs, as needed... Show More
Development Objective
The Project Development Objective is to increase access for citizens to services and resilient infrastructure.
Key Details
Project Details
P169125
Active
Hannah Kim , Dmitry Sivaev
Ministry of Finance
October 1, 2018
(as of board presentation)
April 17, 2019
December 22, 2021
US$ 200.00 million
Fondo de Inversion Social para el Desarrollo Local de El Salvador - Ministerio de Desarrollo Local,Dirección de Obras Municipales,Ministerio de Obras Publicas y Transporte
2019
US$ 200.00 million
B
Not Applicable
October 1, 2025
Yes
BANK APPROVED
February 28, 2024
Finances
Financing Plan (US$ Millions)
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** | 200.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 15, 2022 | IBRD-89480 | Int Charges | 12,928.46 |
| Dec 15, 2022 | IBRD-89480 | Int Charges | 233,653.95 |
| Dec 15, 2022 | IBRD-89480 | Int Charges | 39,210.33 |
| Aug 30, 2022 | IBRD-89480 | Loan Disb | 6,194,930.00 |
| Dec 22, 2021 | IBRD-89480 | Loan Disb | 500,000.00 |
| Dec 22, 2021 | IBRD-89480 | Fee Charges | 500,000.00 |
| Jun 15, 2022 | IBRD-89480 | Int Charges | 2,989.57 |
| Jun 15, 2022 | IBRD-89480 | Int Charges | 441,114.75 |
| Jun 15, 2022 | IBRD-89480 | Int Charges | 2,989.57 |
| Apr 26, 2022 | IBRD-89480 | Loan Disb | 9,465,380.00 |
| Dec 15, 2023 | IBRD-89480 | Int Charges | 41,898.15 |
| Dec 15, 2023 | IBRD-89480 | Int Charges | 183,761.69 |
| Dec 15, 2023 | IBRD-89480 | Int Charges | 41,898.15 |
| Dec 15, 2023 | IBRD-89480 | Int Charges | 641,831.60 |
| Dec 15, 2022 | IBRD-89480 | Int Charges | 3,241.57 |
| Dec 15, 2022 | IBRD-89480 | Int Charges | 233,653.95 |
| Jun 15, 2023 | IBRD-89480 | Int Charges | 227,736.60 |
| Jun 15, 2024 | IBRD-89480 | Loan Repay | 225,100.55 |
| Jun 15, 2024 | IBRD-89480 | Int Charges | 270,064.12 |
| Jun 15, 2024 | IBRD-89480 | Loan Repay | 274,033.94 |
| Jun 15, 2024 | IBRD-89480 | Int Charges | 409,320.00 |
| Dec 15, 2023 | IBRD-89480 | Int Charges | 1,433.41 |
| Jun 15, 2024 | IBRD-89480 | Int Charges | 225,100.55 |
| Apr 21, 2023 | IBRD-89480 | Loan Disb | 3,805,070.00 |
| Jun 15, 2023 | IBRD-89480 | Int Charges | 20,529.88 |
| Jun 15, 2023 | IBRD-89480 | Int Charges | 227,736.60 |
| Jun 15, 2023 | IBRD-89480 | Int Charges | 227,412.05 |
| Apr 17, 2019 | IBRD-89480 | Loan Commitment | 200,000,000.00 |
| Jun 15, 2024 | IBRD-89480 | Int Charges | 3,969.80 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2024-12-31 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2024-12-31 |
| Financial Management | Satisfactory | 2024-12-31 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-12-31 |
| Procurement | Moderately Unsatisfactory | 2024-12-31 |
| Project Management | Moderately Unsatisfactory | 2024-12-31 |
| Financial Management | Satisfactory | 2024-12-31 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2024-12-31 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-12-31 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2024-12-31 |
| Procurement | Moderately Unsatisfactory | 2024-12-31 |
| Project Management | Moderately Unsatisfactory | 2024-12-31 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Municipalities that register sub-national debt, income and expenses in accordance with MoF standards Value 0.00 54.20 85.00 Date January 18, 2019 December 19, 2022 December 30, 2024 Comment People provided with increased access to services and resilient infrastructure Value 0.00 0.00 4500000.00 Date January 18, 2019 December 19, 2022 December 30, 2024 Comment Number of CERC beneficiaries due to rehabilitated infrastructure under resilience approach Value 0.00 0.00 198412.00 Date August 4, 2022 May 25, 2023 May 30, 2024 Comment Municipalities that meet minimum conditions established in Annex 1 Value 0.00 69.80 100.00 Date January 29, 2019 December 19, 2022 December 30, 2024 Comment CERC implemented within the planned time Value 0.00 0.00 18.00 Date November 30, 2022 May 25, 2023 May 30, 2024 Comment Female provided with increased access to services and resilient infrastructure Value 0.00 0.00 2250000.00 Date January 18, 2019 December 19, 2022 December 30, 2024 Comment Financed subprojects complying with DRM and environmental standards Value 0.00 0.00 95.00 Date January 18, 2019 December 19, 2022 December 30, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of municipal staff trained Value 0.00 0.00 500.00 Date February 12, 2019 January 18, 2024 December 31, 2024 Comment Roads improved or rehabilitated Value 0.00 0.00 165.00 Date March 6, 2019 January 18, 2024 December 31, 2024 Comment Roads improved or rehabilited Value 0.00 0.00 95.00 Date March 6, 2019 January 18, 2024 December 31, 2024 Comment Number of detention infrastructure built to respond to Tropical Storm Bonnie flooding Value 0.00 1.00 1.00 Date August 4, 2022 January 18, 2024 February 5, 2024 Comment Number of female municipal staff trained Value 0.00 0.00 275.00 Date February 12, 2019 January 18, 2024 December 31, 2024 Comment People provided with new or improved electricity service Value 0.00 0.00 10000.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment People benefitted from the rehabilitation of the Drainage System of Santa Lucia Value 0.00 0.00 20000.00 Date August 4, 2022 January 18, 2024 February 5, 2024 Comment Beneficiaries of job-focused interventions Value 0.00 0.00 13000.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Average training satisfaction rating among municipal staff trained Value 0.00 0.00 75.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Beneficiaries of job-focused interventions - Female Value 0.00 0.00 0.00 Date Comment Female provided with new or improved electricity service Value 0.00 0.00 5000.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Flow retained in the strom water detention drainage and retention system Value 18.50 0.00 5.10 Date August 4, 2022 January 18, 2024 February 5, 2024 Comment Percentage of female municipal staff who report that the training received was valuable and will help them advance in their jobs. Value 0.00 0.00 75.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Number person-days employment created under subprojects Value 0.00 0.00 1509120.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Transport connectivity rehabilitated in affected areas in Sensuntepeque Value 0.00 0.00 14000.00 Date August 4, 2022 January 18, 2024 February 5, 2024 Comment Sq. meters of productive infrastructure built or rehabilitated Value 0.00 0.00 27507.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment People from Sensuntepeque and Villa Victoria benefitted with rehabilitated transport connectivity infrastructure Value 0.00 0.00 149412.00 Date August 4, 2022 January 18, 2024 February 5, 2024 Comment Percentage of subprojects designs complying with the Infrastructure and Gender guidelines as established in the Ops Manual Value 0.00 0.00 65.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Percentage of subprojects designs complying with the infrastructure and gender guidelines as established in the Ops Manual Value 0.00 0.00 95.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Percentage of municipalities submitting Annual Financial Statements on time to the Office of the Auditor General and in compliance with the MoF Value 0.00 69.85 85.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Grievances registered related to delivery of project benefits that are actually addressed Value 0.00 0.00 100.00 Date March 18, 2019 January 18, 2024 December 31, 2024 Comment Grievances registered related to delivery of project benefits that are actually addressed Value 0.00 0.00 100.00 Date March 18, 2019 January 18, 2024 December 31, 2024 Comment Percentage of contingency plans including at least one chapter addressing women's needs Value 0.00 0.00 60.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment People benefitted from the rehabilitation of Pasaquinita Bridge Value 0.00 0.00 29000.00 Date November 30, 2022 January 18, 2024 May 30, 2024 Comment Number of municipalities using the citizen engagement platform Value 0.00 0.00 70.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment Average citizen satisfaction rate with at least one subproject provided under components 1 or 2 Value 0.00 0.00 85.00 Date January 18, 2019 January 18, 2024 December 30, 2024 Comment