| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 500.00 |
| Concessional Financing Facility | 6.00 |
Second Inclusive and Sustainable Growth
Abstract*
The operation is part of the World Bank response to the COVID-19 crisis in Ecuador. The proposed operation is the second in a programmatic Development Policy Financing (DPF) series of three operations. The World Bank had been working with Ecuador in a DPF series to support the Government of Ecuador’s structural reform program, aimed at: (i) increasing the efficiency of public spending and revenue mobilization; (ii) removing barriers to the development... Show More
Development Objective
This DPF series supports measures aimed at: i) responding to COVID-19 to protect the vulnerable; ii) removing barriers to the private sector development and supporting the economic recovery; iii) promoting public sector efficiency and fiscal sustainability post-crisis
Key Details
Project Details
P171190
Closed
Simon Davies , Barbara Cunha
Republic of Ecuador
June 4, 2019
(as of board presentation)
May 7, 2020
May 11, 2020
US$ 0.00 million
Ministry of Economy and Finance
2020
US$ 506.00 million
N/A
Not Applicable
December 31, 2020
BANK APPROVED
September 11, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 500.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 500.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 6.00 |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 1, 2023 | IBRD-91140 | Int Charges | 6,750,000.00 |
| May 1, 2022 | IBRD-91140 | Int Charges | 6,750,000.00 |
| Nov 1, 2021 | IBRD-91140 | Int Charges | 6,750,000.00 |
| May 20, 2020 | IBRD-91140 | Loan Disb | -500,000,000.00 |
| May 20, 2020 | IBRD-91140 | Loan Disb | 500,000,000.00 |
| May 12, 2020 | IBRD-91140 | Fee Charges | 1,250,000.00 |
| Nov 1, 2020 | IBRD-91140 | Int Charges | 166,666.67 |
| Nov 1, 2020 | IBRD-91140 | Int Charges | 6,037,500.00 |
| May 1, 2021 | IBRD-91140 | Int Charges | 6,750,000.00 |
| May 15, 2020 | IBRD-91140 | Loan Disb | 500,000,000.00 |
| May 7, 2020 | IBRD-91140 | Loan Commitment | 500,000,000.00 |
| May 1, 2024 | IBRD-91140 | Int Charges | 6,750,000.00 |
| Nov 1, 2023 | IBRD-91140 | Int Charges | 6,750,000.00 |
| Nov 1, 2022 | IBRD-91140 | Int Charges | 6,750,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 09-06-2023 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 01-11-2024 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | 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.