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The Gambia Second Fiscal Management, Energy and Telecom Reform Development Policy Financing

Abstract*

The development objectives of the Second Fiscal Management, Energy and Telecom Reform Development Policy Financing in Gambia are to: (i) improve debt and public investment management; (ii) improve financial viability and service delivery in the energy and telecom sectors; and (iii) enhance the transparency and governance framework of State-Owned Enterprises (SOEs). It supports the authorities’ efforts to address critical bottlenecks to sustained inclusive...

* 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 program development objective is to (i) improve debt and public investment management; (ii) improve financial viability and service delivery in the energy and telecom sectors; and (iii) enhance the transparency and governance framework of State-owned Enterprises (SOEs).

Key Details

Project Details

  • P173150

  • Closed

  • Mehwish Ashraf , Christopher Trimble

  • Republic of the Gambia

  • Gambia, The

  • February 5, 2021

  • (as of board presentation)

    May 10, 2022

  • May 30, 2022

  • US$ 0.00 million

  • Ministry of Finance and Economic Affairs, Government of The Gambia

  • Western and Central Africa

  • 2022

  • US$ 20.00 million

  • N/A

  • Not Applicable

  • June 30, 2023

  • BANK APPROVED

  • P164545

  • June 4, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 20.00
IBRD + IDA Commitment 20.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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

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

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Dec 7, 2022 IDA-E1340 Loan Commitment 20,000,000.00
Jun 15, 2022 IDA-E0230 Loan Disb 19,178,208.00
May 10, 2022 IDA-E0230 Loan Commitment 20,000,000.00
Dec 20, 2022 IDA-E1340 Loan Disb 20,935,480.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 05-29-2024
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 09-18-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory 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.