| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 80.00 |
Albania Fiscal Sustainability and Growth Development Policy Financing
Abstract*
The development objective of the Fiscal Sustainability and Growth Development Policy Financing in Albania is to support Albania in: (i) strengthening the transparency and sustainability of its public finances; (ii) enhancing finance for recovery and growth; and (iii) supporting key sectoral opportunities for sustainable growth. As a pre-condition for a resilient recovery, the first pillar of this operation supports Albania in adopting key reforms... Show More
Development Objective
The program development objective is to support Albania in (i) strengthening the transparency and sustainability of its public finances, (ii) enhancing finance for recovery and growth and (iii) supporting key sectoral opportunities for sustainable growth.
Key Details
Project Details
P169524
Closed
Hilda Shijaku , Christos Kostopoulos
The Republic of Albania
June 30, 2019
(as of board presentation)
December 11, 2020
March 11, 2021
US$ 0.00 million
Ministry of Finance and Economy
2021
US$ 80.00 million
N/A
N/A
December 31, 2021
BANK APPROVED
December 15, 2022
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 80.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 80.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 11, 2020 | IBRD-91790 | Loan Commitment | 80,000,000.00 |
| Nov 1, 2023 | IBRD-91790 | Int Charges | 2,531,022.20 |
| May 1, 2024 | IBRD-91790 | Int Charges | 2,661,507.80 |
| May 1, 2023 | IBRD-91790 | Int Charges | 2,304,733.20 |
| Nov 1, 2022 | IBRD-91790 | Int Charges | 1,083,555.60 |
| May 1, 2022 | IBRD-91790 | Int Charges | 398,200.00 |
| Mar 11, 2021 | IBRD-91790 | Fee Charges | 200,000.00 |
| Mar 19, 2021 | IBRD-91790 | Loan Disb | 79,800,000.00 |
| Nov 1, 2021 | IBRD-91790 | Int Charges | 6,016.44 |
| Nov 1, 2021 | IBRD-91790 | Int Charges | 101,336.00 |
| Nov 1, 2021 | IBRD-91790 | Int Charges | 412,977.78 |
| Mar 11, 2021 | IBRD-91790 | Loan Disb | 200,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 10-06-2023 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 10-25-2023 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | High | N/a |
| M&e Quality | N/a |
Results Framework
No data available.