Resilient Institutions for Sustainable Economy

Abstract*

The operation for a Loan and Credit of US500 million dollars focuses on improving fiscal management and fostering growth and competitiveness. RISE will assist the government in improving the intergovernmental fiscal architecture to enable the country to improve its fiscal position through the establishment of the Macro-Fiscal Policy Unit, the preparation of budgets that are aligned with the Medium Term Fiscal Framework, enhanced debt transparency... Show More

Development Objective

The program’s development objectives are: (i) enhancing the policy and institutional framework to improve fiscal management, and (ii) improving the regulatory framework to foster growth and competitiveness.

Key Details

Project Details

Project ID
P171850
Status
Closed
Team Leader
Muhammad Waheed , Saiyed Mohib, Enrique Blanco Armas
Borrower 2
Islamic Republic of Pakistan

Country
Pakistan
Disclosure Date
November 17, 2019
Approval Date
(as of board presentation)
June 29, 2020
Effective Date
July 23, 2020

Total Project Cost 1
US$ 0.00 million
Implementing Agency
Ministry of Finance and Revenue
Region
South Asia
Fiscal Year 3
2020

Commitment Amount
US$ 500.00 million
Environmental Category
N/A
Last Update Date
July 5, 2023
Closing Date
May 31, 2021

Last Stage Reached
BANK APPROVED

Associated Projects
P172648

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Fiscal Policy11%
- FY17 - Fiscal sustainability11%

FY17 - Environment and Natural Resource Management

FY17 - Climate change14%
- FY17 - Mitigation14%
FY17 - Energy11%
- FY17 - Energy Policies & Reform11%

FY17 - Finance

FY17 - Financial Infrastructure and Access11%
- FY17 - Payment & markets infrastructure11%
FY17 - Financial Stability11%
- FY17 - Financial Sector Integrity11%

FY17 - Human Development and Gender

FY17 - Disease Control100%
- FY17 - Pandemic Response100%

FY17 - Public Sector Management

FY17 - Public Finance Management33%
- FY17 - Debt Management22%
- FY17 - Domestic Revenue Administration11%

Project Map

Interactive Map