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Social Safety Nets for Vulnerable Populations in the Province of Buenos Aires

Abstract*

Country Context. The current macroeconomic context in Argentina is characterized by a marked recession and implementation of a strong fiscal consolidation program, supported by a large IMF SBA program. Since taking office in December 2015, the Government has implemented structural reforms to eliminate distortions in the economy which included the gradual reduction of global subsidies for public services such as electricity, gas and transport. Nevertheless...

* 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

Support the transition of the electricity ST scheme from the federal to the Buenos Aires provincial level, and the delivery of select social safety net programs targeting the vulnerable population in the PBA, as part of the COVID 19 emergency response

Key Details

Project Details

  • P170329

  • Active

  • Marcela Salvador

  • Province of Buenos Aires

  • Argentina

  • May 10, 2019

  • (as of board presentation)

    September 5, 2019

  • November 27, 2019

  • US$ 150.00 million

  • Provincial Directorate of Multilateral and Bilateral Financing

  • Latin America and Caribbean

  • 2020

  • US$ 150.00 million

  • N/A

  • Moderate

  • February 27, 2026

  • Yes

  • BANK APPROVED

  • June 12, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 150.00
IDA Commitment N/A
IBRD + IDA Commitment 150.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 150.00

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$)
Aug 15, 2024 IBRD-90070 Int Charges 388.61
Aug 15, 2024 IBRD-90070 Int Charges 82,801.85
Aug 15, 2024 IBRD-90070 Int Charges 1,104,501.90
Aug 15, 2024 IBRD-90070 Int Charges 589,603.50
Aug 15, 2024 IBRD-90070 Int Charges 907,745.44
Aug 15, 2024 IBRD-90070 Int Charges 837,902.90
Aug 15, 2024 IBRD-90070 Int Charges 132.42
Aug 15, 2024 IBRD-90070 Int Charges 5,582.27
Aug 15, 2024 IBRD-90070 Int Charges 2,979.92
Aug 15, 2024 IBRD-90070 Int Charges 4,587.85
Aug 15, 2024 IBRD-90070 Int Charges 428,791.28
Aug 15, 2024 IBRD-90070 Int Charges 1,039,897.50
Aug 15, 2024 IBRD-90070 Int Charges 234,293.16
Aug 15, 2024 IBRD-90070 Int Charges 27,242.26
Aug 15, 2024 IBRD-90070 Int Charges 189,730.98
May 29, 2024 IBRD-94390 Loan Disb 1,404,036.80
Feb 15, 2024 IBRD-90070 Int Charges 8,832.77
Feb 15, 2024 IBRD-90070 Int Charges 4,715.08
Feb 15, 2024 IBRD-90070 Int Charges 7,259.29
Feb 15, 2024 IBRD-90070 Int Charges 6,700.75
Aug 15, 2023 IBRD-90070 Int Charges 794,267.20
Aug 15, 2023 IBRD-90070 Int Charges 733,155.70
Aug 15, 2023 IBRD-90070 Int Charges 375,187.60
Aug 15, 2023 IBRD-90070 Int Charges 909,898.80
Aug 15, 2023 IBRD-90070 Int Charges 131.63
Aug 15, 2023 IBRD-90070 Loan Disb -749,191.80
Aug 15, 2023 IBRD-90070 Loan Disb 749,191.80
Aug 15, 2023 IBRD-90070 Int Charges 9,860.65
Aug 15, 2023 IBRD-90070 Int Charges 6,511.27
Aug 15, 2023 IBRD-90070 Int Charges 31,850.39
Aug 15, 2023 IBRD-90070 Int Charges 17,002.34
Nov 6, 2023 IBRD-94390 Loan Disb 1,138,974.80
Jan 11, 2024 IBRD-94390 Loan Disb 1,092,863.50
Oct 30, 2023 IBRD-94390 Loan Disb 1,984,864.50
Dec 11, 2023 IBRD-90070 Loan Disb 1,703,494.90
Dec 11, 2023 IBRD-90070 Loan Disb 3,400,000.00
Oct 15, 2023 IBRD-94390 Loan Disb -14,620,076.00
Oct 15, 2023 IBRD-94390 Loan Disb 14,620,076.00
Oct 15, 2023 IBRD-94390 Int Charges 37,918.76
Oct 15, 2023 IBRD-94390 Int Charges 31,284.86
Oct 15, 2023 IBRD-94390 Int Charges 8,615.16
Oct 15, 2023 IBRD-94390 Int Charges 0.01
Oct 15, 2023 IBRD-94390 Int Charges 2,506.98
Oct 15, 2023 IBRD-94390 Int Charges 72,391.15
Oct 15, 2023 IBRD-94390 Int Charges 72,780.31
Oct 15, 2023 IBRD-94390 Int Charges 38,595.65
Oct 15, 2023 IBRD-94390 Int Charges 26,611.74
Oct 15, 2023 IBRD-94390 Int Charges 54,443.74
Dec 1, 2023 IBRD-94390 Loan Disb 1,082,109.60
Feb 15, 2024 IBRD-90070 Loan Disb -5,228,495.00
Feb 15, 2024 IBRD-90070 Loan Disb 5,228,495.00
Sep 3, 2024 IBRD-94390 Loan Disb 1,229,686.60
Aug 15, 2024 IBRD-90070 Loan Disb -2,591,505.00
Aug 15, 2024 IBRD-90070 Loan Disb 2,591,505.00
Apr 15, 2024 IBRD-94390 Int Charges 676.89
Apr 15, 2024 IBRD-94390 Int Charges 35,148.96
Apr 15, 2024 IBRD-94390 Int Charges 3,163.36
Apr 3, 2024 IBRD-90070 Loan Disb 91,505.10
Feb 15, 2022 IBRD-90070 Loan Disb -11,792,225.00
Feb 15, 2022 IBRD-90070 Loan Disb 11,792,225.00
Feb 15, 2022 IBRD-90070 Int Charges 202,873.95
May 12, 2022 IBRD-90070 Loan Disb 10,000,000.00
May 24, 2022 IBRD-90070 Loan Disb 2,085,180.40
Jul 11, 2022 IBRD-90070 Loan Disb 809,681.44
Jul 27, 2022 IBRD-90070 Loan Disb 600,000.00
Apr 28, 2022 IBRD-90070 Loan Disb 2,066,722.50
Dec 6, 2022 IBRD-90070 Loan Disb 784,218.40
Nov 17, 2022 IBRD-90070 Loan Disb 2,456,075.50
Aug 15, 2022 IBRD-90070 Loan Disb -28,598,310.00
Aug 15, 2022 IBRD-90070 Loan Disb 28,598,310.00
Aug 4, 2022 IBRD-90070 Loan Disb 848,159.94
Feb 15, 2023 IBRD-90070 Int Charges 443.15
Feb 15, 2023 IBRD-90070 Int Charges 16,581.33
Feb 15, 2023 IBRD-90070 Int Charges 28,460.65
Feb 15, 2023 IBRD-90070 Int Charges 49,051.82
Feb 15, 2023 IBRD-90070 Int Charges 26,184.77
Feb 9, 2023 IBRD-90070 Loan Disb 703,021.56
Feb 9, 2023 IBRD-90070 Loan Disb 2,500,000.00
Feb 15, 2023 IBRD-90070 Int Charges 40,313.69
Feb 15, 2023 IBRD-90070 Int Charges 37,211.94
Feb 15, 2023 IBRD-90070 Int Charges 19,042.96
Feb 15, 2023 IBRD-90070 Int Charges 16,892.85
Feb 15, 2023 IBRD-90070 Int Charges 43,799.11
Feb 15, 2023 IBRD-90070 Int Charges 809,116.44
Feb 15, 2023 IBRD-90070 Int Charges 431,921.28
Feb 15, 2023 IBRD-90070 Int Charges 664,980.06
Feb 15, 2023 IBRD-90070 Int Charges 613,816.00
Feb 15, 2023 IBRD-90070 Int Charges 314,116.34
Feb 15, 2023 IBRD-90070 Int Charges 761,532.50
Feb 15, 2023 IBRD-90070 Loan Disb -6,443,315.50
May 12, 2023 IBRD-94390 Loan Disb 10,000,000.00
Apr 21, 2023 IBRD-94390 Loan Disb 125,000.00
Apr 21, 2023 IBRD-94390 Fee Charges 125,000.00
Apr 14, 2023 IBRD-90070 Loan Disb 749,191.80
Feb 15, 2021 IBRD-90070 Int Charges 30,390.29
Dec 28, 2020 IBRD-90070 Loan Disb 19,018,602.00
Feb 15, 2024 IBRD-90070 Int Charges 3,429.07
Feb 15, 2024 IBRD-90070 Int Charges 8,316.13
Feb 15, 2024 IBRD-90070 Int Charges 1,873.65
Feb 15, 2024 IBRD-90070 Int Charges 7,400.54
Feb 15, 2024 IBRD-90070 Int Charges 70,493.14
Feb 15, 2024 IBRD-90070 Int Charges 1,102,711.40
Feb 15, 2024 IBRD-90070 Int Charges 588,647.70
Feb 15, 2024 IBRD-90070 Int Charges 906,273.90
Feb 15, 2024 IBRD-90070 Int Charges 7,400.54
Feb 15, 2024 IBRD-90070 Int Charges 168.19
Feb 15, 2024 IBRD-90070 Int Charges 836,544.50
Feb 15, 2024 IBRD-90070 Int Charges 428,096.12
Feb 15, 2024 IBRD-90070 Int Charges 1,038,211.75
Feb 15, 2024 IBRD-90070 Int Charges 233,913.31
Feb 15, 2024 IBRD-90070 Int Charges 19,797.56
Jul 2, 2024 IBRD-94390 Loan Disb 762,988.70
Mar 7, 2024 IBRD-90070 Loan Disb 2,500,000.00
Apr 15, 2024 IBRD-94390 Loan Disb 5,732,263.00
Apr 15, 2024 IBRD-94390 Loan Disb -5,732,263.00
May 6, 2024 IBRD-94390 Loan Disb 620,056.50
Apr 2, 2024 IBRD-94390 Loan Disb 433,450.66
Aug 7, 2024 IBRD-94390 Loan Disb 288,118.78
Sep 5, 2019 IBRD-90070 Loan Commitment 150,000,000.00
Sep 20, 2022 IBRD-94390 Loan Commitment 50,000,000.00
Feb 15, 2023 IBRD-90070 Loan Disb 6,443,315.50
Jul 10, 2023 IBRD-94390 Loan Disb 1,901,229.80
Aug 29, 2023 IBRD-90070 Loan Disb 125,000.00
Aug 29, 2023 IBRD-94390 Loan Disb 1,724,582.00
Aug 29, 2023 IBRD-94390 Loan Disb 378,101.47
Jul 21, 2023 IBRD-94390 Loan Disb 491,162.88
Aug 15, 2023 IBRD-90070 Int Charges 24,162.51
Aug 15, 2023 IBRD-90070 Int Charges 12,365.01
Aug 15, 2023 IBRD-90070 Int Charges 29,780.78
Aug 15, 2023 IBRD-90070 Int Charges 9,992.28
Aug 15, 2023 IBRD-90070 Int Charges 16,461.33
Aug 15, 2023 IBRD-90070 Int Charges 966,426.90
Aug 15, 2023 IBRD-90070 Int Charges 26,176.55
Aug 15, 2023 IBRD-90070 Int Charges 195,143.25
Aug 15, 2023 IBRD-90070 Int Charges 515,896.53
Apr 15, 2024 IBRD-94390 Int Charges 20,260.47
Apr 15, 2024 IBRD-94390 Int Charges 38,989.21
Apr 15, 2024 IBRD-94390 Int Charges 140,455.84
Apr 15, 2024 IBRD-94390 Int Charges 451,815.78
Aug 15, 2024 IBRD-90070 Int Charges 4,234.86
Aug 15, 2024 IBRD-90070 Int Charges 388.61
Jul 24, 2024 IBRD-94390 Loan Disb 1,245,562.20
Aug 15, 2024 IBRD-90070 Int Charges 2,167.16
Aug 15, 2024 IBRD-90070 Int Charges 5,255.75
Aug 15, 2024 IBRD-90070 Int Charges 1,184.15
Aug 15, 2024 IBRD-90070 Int Charges 137.69
Feb 15, 2021 IBRD-90070 Loan Disb -24,963,984.00
Feb 15, 2021 IBRD-90070 Loan Disb 24,963,984.00
Feb 15, 2021 IBRD-90070 Int Charges 119,997.09
Feb 15, 2021 IBRD-90070 Int Charges 96,380.53
Feb 15, 2021 IBRD-90070 Int Charges 144,203.06
Feb 15, 2021 IBRD-90070 Int Charges 5,759.33
Aug 15, 2022 IBRD-90070 Int Charges 443.15
Aug 15, 2022 IBRD-90070 Int Charges 161,388.56
Aug 15, 2022 IBRD-90070 Int Charges 316,593.28
Aug 15, 2022 IBRD-90070 Int Charges 169,003.31
Aug 15, 2022 IBRD-90070 Int Charges 260,195.17
Aug 15, 2022 IBRD-90070 Int Charges 240,175.58
Aug 15, 2022 IBRD-90070 Int Charges 122,908.28
Aug 15, 2022 IBRD-90070 Int Charges 36,112.55
Mar 10, 2022 IBRD-90070 Loan Disb 1,207,275.20
Aug 8, 2022 IBRD-90070 Loan Disb 2,233,030.50
Feb 15, 2022 IBRD-90070 Int Charges 187,264.70
Feb 15, 2022 IBRD-90070 Int Charges 6,338.31
Feb 15, 2022 IBRD-90070 Int Charges 70,280.69
Feb 15, 2022 IBRD-90070 Int Charges 246,847.52
Feb 15, 2022 IBRD-90070 Int Charges 131,771.73
Feb 15, 2022 IBRD-90070 Int Charges 5,379.50
Feb 15, 2022 IBRD-90070 Int Charges 52,585.67
Feb 15, 2022 IBRD-90070 Int Charges 958.81
Apr 4, 2022 IBRD-90070 Loan Disb 5,000,000.00
Dec 13, 2021 IBRD-90070 Loan Disb 401,468.56
May 13, 2022 IBRD-90070 Loan Disb 3,748,260.20
Aug 15, 2020 IBRD-90070 Int Charges 142,954.81
Aug 15, 2020 IBRD-90070 Int Charges 474,508.10
Aug 15, 2020 IBRD-90070 Loan Disb -16,214,736.00
Aug 15, 2020 IBRD-90070 Loan Disb 16,214,736.00
Sep 18, 2020 IBRD-90070 Loan Disb 100,000.00
Dec 6, 2019 IBRD-90070 Loan Disb 30,000,000.00
Feb 15, 2020 IBRD-90070 Loan Disb -30,375,000.00
Feb 15, 2020 IBRD-90070 Loan Disb 30,375,000.00
Jun 24, 2020 IBRD-90070 Loan Disb 16,214,736.00
Nov 2, 2020 IBRD-90070 Loan Disb 5,845,382.50
Nov 27, 2019 IBRD-90070 Loan Disb 375,000.00
Nov 27, 2019 IBRD-90070 Fee Charges 375,000.00
Feb 15, 2020 IBRD-90070 Int Charges 44,144.12
Feb 15, 2020 IBRD-90070 Int Charges 202,200.00
Sep 2, 2021 IBRD-90070 Loan Disb 2,323,135.20
Nov 10, 2021 IBRD-90070 Loan Disb 1,698,237.50
Nov 10, 2021 IBRD-90070 Loan Disb 300,000.00
Oct 29, 2021 IBRD-90070 Loan Disb 1,463,217.50
Oct 5, 2021 IBRD-90070 Loan Disb 2,584,462.00
Aug 15, 2021 IBRD-90070 Int Charges 76,509.61
Aug 15, 2021 IBRD-90070 Loan Disb -23,043,238.00
Aug 15, 2021 IBRD-90070 Loan Disb 23,043,238.00
Aug 18, 2021 IBRD-90070 Loan Disb 1,565,892.00
Aug 15, 2021 IBRD-90070 Int Charges 38,660.87
Aug 15, 2021 IBRD-90070 Int Charges 82,891.14
Aug 15, 2021 IBRD-90070 Int Charges 88,594.34
Aug 15, 2021 IBRD-90070 Int Charges 248,931.60
Aug 15, 2021 IBRD-90070 Int Charges 132,884.27
Jul 16, 2021 IBRD-90070 Loan Disb 1,108,800.60
Jul 2, 2021 IBRD-90070 Loan Disb 2,275,523.50
Oct 1, 2021 IBRD-90070 Loan Disb 1,455,812.60
Aug 15, 2021 IBRD-90070 Int Charges 128,077.18
Aug 15, 2021 IBRD-90070 Int Charges 6,381.53
Apr 19, 2021 IBRD-90070 Loan Disb 8,931,081.00
Jun 2, 2021 IBRD-90070 Loan Disb 4,634,596.00
Jul 13, 2021 IBRD-90070 Loan Disb 200,000.00
May 12, 2021 IBRD-90070 Loan Disb 5,893,236.50
Feb 15, 2021 IBRD-90070 Int Charges 66,612.44
Feb 15, 2021 IBRD-90070 Int Charges 119,374.89
Feb 15, 2021 IBRD-90070 Int Charges 53,757.36

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2025-01-29
Overall Implementation Progress (IP) Satisfactory 2025-01-29
Monitoring and Evaluation Moderately Satisfactory 2025-01-29
Project Management Moderately Satisfactory 2025-01-29
Progress towards achievement of PDO Satisfactory 2025-01-29
Financial Management Satisfactory 2025-01-29

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Institutional arrangements and regulations on ST administration approved by the provincial governmentValue-Intermediate Target 1.6 CompletedIntegrated electricity users' database created, an
    DateJune 3, 2019December 4, 2023December 4, 2023
    Comment
  • Beneficiaries of social safety net programsValue188443.0077193.00100000.00
    DateAugust 31, 2020April 30, 2024February 27, 2026
    Comment
  • Percentage of users with incomplete information in the databaseValue28.0023.1018.00
    DateJune 3, 2019April 30, 2024February 27, 2026
    Comment
  • Beneficiaries of social safety net programs - FemaleValue135767.00104051.000.00
    Date
    Comment
  • Percentage of users with ST included by claims and ad hoc additional assessments mechanismsValue18.307.8010.00
    DateJune 3, 2019April 30, 2024February 29, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of ST users included via social programsValue39.0037.0050.00
    DateJune 3, 2019April 30, 2024February 27, 2026
    Comment
  • Information on settlements with community meters updated with the latest neighborhood censuses available”ValueNoNoYes
    DateAugust 31, 2020July 31, 2023February 27, 2026
    Comment
  • Programa Mas Vida cardholders crosschecked with beneficiaries of ST subsidiesValueNoYesYes
    DateAugust 31, 2020September 30, 2021June 30, 2022
    Comment
  • Number of distribution companies updating information on electricity usersValue0.00206.0050.00
    DateJune 3, 2019April 30, 2024February 29, 2024
    Comment
  • Number of households cover by the Electricity Social TariffValue1430000.001569229.001430000.00
    DateJuly 31, 2019April 30, 2024February 29, 2024
    Comment
  • Social Tariff assessmentsValue-No due yetSocial Tariff Assessment Report
    DateJune 3, 2019April 30, 2024February 27, 2026
    Comment
  • Energy-efficiency studiesValue-No due yetEfficiency Strategy Report
    DateJune 3, 2019April 30, 2024February 27, 2026
    Comment
  • Percentage of ST users with information on electricity consumption in the integrated databaseValue69.0087.00100.00
    DateJune 3, 2019April 30, 2024February 27, 2026
    Comment
  • Number of users with missing identification dataValue831254.00549000.00550000.00
    DateJune 3, 2019April 30, 2024February 29, 2024
    Comment
  • Number of users with missing socio-economic dataValue834778.00825678.00560000.00
    DateJune 3, 2019April 30, 2024February 27, 2026
    Comment
  • Consolidated grievance mechanism in place for the whole ST ProgramValueNo Consolidated SystemConsolidated SystemThe GM system is fully functional and uses the mon
    DateJune 3, 2019August 31, 2022February 29, 2024
    Comment