| Financier | Commitments |
|---|---|
| Global Financing Facility | 14.10 |
| International Bank for Reconstruction and Development | 500.00 |
Ecuador Third Inclusive and Sustainable Growth DPL
Abstract*
The Third Inclusive and Sustainable Growth Development Policy Financing (DPF) is the final operation in a programmatic series of three. The first operation (for $500 million) was approved by the World Bank's Board of Executive Directors in June 2019. It aimed to support Ecuador’s efforts to restore fiscal sustainability and build the foundations for inclusive and sustainable economic growth through improved procurement practices, reduced subsidies... Show More
Development Objective
This DPF series supports measures aimed at: i) responding to COVID-19 to protect the vulnerable; ii) removing barriers to private sector development and supporting the economic recovery; iii) promoting public sector efficiency and fiscal sustainability post-crisis.
Key Details
Project Details
P174115
Closed
Christian Gonzalez Amador , Tanja Goodwin
Republic of Ecuador
September 3, 2020
(as of board presentation)
November 24, 2020
November 27, 2020
US$ 0.00 million
Ministry of Economy and Finance
2021
US$ 514.10 million
N/A
September 11, 2023
December 31, 2021
BANK APPROVED
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 | 14.10 |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 11, 2020 | IBRD-91800 | Loan Disb | -500,000,000.00 |
| Dec 11, 2020 | IBRD-91800 | Loan Disb | 500,000,000.00 |
| Nov 27, 2020 | IBRD-91800 | Fee Charges | 1,250,000.00 |
| May 15, 2021 | IBRD-91800 | Int Charges | 145,833.34 |
| May 15, 2021 | IBRD-91800 | Int Charges | 3,764,444.50 |
| Dec 1, 2020 | IBRD-91800 | Loan Disb | 500,000,000.00 |
| Nov 15, 2023 | IBRD-91800 | Int Charges | 4,400,000.00 |
| Nov 15, 2022 | IBRD-91800 | Int Charges | 4,400,000.00 |
| May 15, 2022 | IBRD-91800 | Int Charges | 4,400,000.00 |
| Nov 15, 2021 | IBRD-91800 | Int Charges | 4,400,000.00 |
| Nov 24, 2020 | IBRD-91800 | Loan Commitment | 500,000,000.00 |
| May 15, 2024 | IBRD-91800 | Int Charges | 4,400,000.00 |
| May 15, 2023 | IBRD-91800 | Int Charges | 4,400,000.00 |
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.