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Promoting Competitiveness and Enhancing Resilience to Natural Disasters Sub-program 1 DPL

Abstract*

The development objective of the Promoting Competitiveness and Enhancing Resilience to Natural Disasters Subprogram 1 Development Policy Loan (DPL) for Philippines is to support Government of the Philippines in: (i) promoting competitiveness; (ii) enhancing fiscal sustainability; and (iii) strengthening financial resilience to natural disasters and climate change. The reforms supported by this DPL are fully aligned with the new systematic country...

* 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 DPL series aim to support the Government of the Philippines in: i) promoting competitiveness; ii) enhancing fiscal sustainability; and iii) strengthening financial resilience to natural disasters and climate change.

Key Details

Project Details

  • P170052

  • Closed

  • Rong Qian

  • Republic of the Philippines

  • Philippines

  • April 21, 2019

  • (as of board presentation)

    December 17, 2019

  • January 16, 2020

  • US$ 0.00 million

  • Department of Finance

  • East Asia and Pacific

  • 2020

  • US$ 400.00 million

  • N/A

  • March 26, 2024

  • March 31, 2021

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 400.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 400.00
IDA Commitment N/A
IBRD + IDA Commitment 400.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 15, 2022 IBRD-90220 Int Charges 2,487,333.20
Dec 15, 2021 IBRD-90220 Int Charges 2,196,000.00
Dec 15, 2022 IBRD-90220 Int Charges 7,826,252.00
Jun 15, 2023 IBRD-90220 Int Charges 511,764.94
Jun 15, 2023 IBRD-90220 Int Charges 11,265,840.00
Dec 15, 2023 IBRD-90220 Int Charges 212,720.38
Dec 15, 2023 IBRD-90220 Int Charges 10,859,185.00
Nov 16, 2023 IBRD-90220 Loan Disb 400,000,000.00
Nov 16, 2023 IBRD-90220 Loan Disb -400,000,000.00
Jun 15, 2024 IBRD-90220 Int Charges 1,669,111.10
Jun 15, 2024 IBRD-90220 Int Charges 330,596.30
Jun 15, 2024 IBRD-90220 Int Charges 10,797,335.00
Jun 15, 2024 IBRD-90220 Int Charges -14,734.91
Jun 15, 2024 IBRD-90220 Int Charges 14,734.91
Dec 17, 2019 IBRD-90220 Loan Commitment 400,000,000.00
Jun 15, 2021 IBRD-90220 Int Charges 2,325,555.50
Dec 15, 2020 IBRD-90220 Int Charges 2,663,666.80
Jun 15, 2020 IBRD-90220 Int Charges 4,510,164.00
Jan 16, 2020 IBRD-90220 Fee Charges 1,000,000.00
Jan 21, 2020 IBRD-90220 Loan Disb 399,000,000.00
Jan 16, 2020 IBRD-90220 Loan Disb 1,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-25-2024
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-12-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.