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COVID-19 Financial Access DPF

Abstract*

The development objective of COVID-19 Financial Access Development Policy Financing Program aims to: (i) support liquidity in the financial sector; and (ii) establish instruments for improved financial access. Insufficient financial inclusion and lack of access to credit are some of the factors contributing to low growth and limited poverty reduction in Mexico, as highlighted by the Systematic Country Diagnostic (SCD) and the government’s own assessment...

* 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

Contribute to the government’s efforts to: (i) support liquidity in the financial sector, and (ii) establish instruments for improved financial access.

Key Details

Project Details

  • P172863

  • Closed

  • Eva Gutierrez

  • United Mexican States

  • Mexico

  • January 31, 2020

  • (as of board presentation)

    May 19, 2020

  • May 28, 2020

  • US$ 0.00 million

  • Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Público)

  • Latin America and Caribbean

  • 2020

  • US$ 1000.00 million

  • N/A

  • May 31, 2022

  • May 31, 2021

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 1000.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 1000.00
IDA Commitment N/A
IBRD + IDA Commitment 1000.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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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$)
Mar 15, 2024 IBRD-91040 Int Charges 1,282.69
Mar 15, 2024 IBRD-91040 Int Charges 511,792.34
Mar 15, 2024 IBRD-91040 Int Charges 79,764.61
Mar 15, 2024 IBRD-91040 Int Charges 31,826,080.00
May 19, 2020 IBRD-91040 Loan Commitment 1,000,000,000.00
Sep 15, 2023 IBRD-91040 Int Charges 954.84
Sep 15, 2023 IBRD-91040 Int Charges 380,982.75
Sep 15, 2023 IBRD-91040 Int Charges 71,687.62
Sep 15, 2023 IBRD-91040 Int Charges 28,603,362.00
May 28, 2020 IBRD-91040 Fee Charges 2,500,000.00
May 28, 2020 IBRD-91040 Loan Disb 2,500,000.00
Mar 15, 2021 IBRD-91040 Int Charges 211,219.27
Mar 15, 2021 IBRD-91040 Int Charges 3,657,500.00
Mar 15, 2021 IBRD-91040 Int Charges 11,061.11
Mar 15, 2021 IBRD-91040 Loan Disb -997,500,030.00
Mar 15, 2021 IBRD-91040 Loan Disb 997,500,030.00
Sep 15, 2020 IBRD-91040 Int Charges 9,701.39
Sep 15, 2020 IBRD-91040 Int Charges 337,788.38
Sep 15, 2020 IBRD-91040 Int Charges 9,701.39
Oct 16, 2020 IBRD-91040 Loan Disb 997,500,030.00
Sep 15, 2020 IBRD-91040 Loan Disb -2,500,000.00
Sep 15, 2020 IBRD-91040 Loan Disb 2,500,000.00
Sep 15, 2021 IBRD-91040 Int Charges 4,129,650.00
Sep 15, 2021 IBRD-91040 Int Charges 10,350.00
Mar 15, 2022 IBRD-91040 Int Charges 9,804.17
Mar 15, 2022 IBRD-91040 Int Charges 3,911,862.50
Sep 15, 2022 IBRD-91040 Int Charges 22,184.92
Sep 15, 2022 IBRD-91040 Int Charges 8,851,783.00
Mar 15, 2023 IBRD-91040 Int Charges 2,851.49
Mar 15, 2023 IBRD-91040 Int Charges 1,137,744.40
Mar 15, 2023 IBRD-91040 Int Charges 61,817.72
Mar 15, 2023 IBRD-91040 Int Charges 24,665,270.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-02-2022
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 03-22-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.