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South Africa Covid-19 Response Development Policy Operation

Abstract*

The development objectives of the South Africa COVID-19 Response Development Policy Operation in South Africa protect the poor and vulnerable from the adverse socio-economic impacts of the COVID-19 pandemic, and to pave the way for a resilient sustainable recovery. This first Development Policy Operation for South Africa sets the stage for a deeper reform engagement with the WBG. The operation seeks to provide South Africa with relief from its most...

* 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

To protect the poor and vulnerable from the adverse socio-economic impacts of the COVID-19 pandemic, and to pave the way for a resilient sustainable recovery.

Key Details

Project Details

  • P174246

  • Closed

  • Edouard Al-Dahdah

  • Republic of South Africa

  • South Africa

  • July 24, 2020

  • (as of board presentation)

    January 20, 2022

  • March 1, 2022

  • US$ 750.00 million

  • N/A

  • June 21, 2024

  • June 30, 2023

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 750.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 750.00
IDA Commitment N/A
IBRD + IDA Commitment 750.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 15, 2022 IBRD-93320 Loan Disb -750,000,000.00
Dec 15, 2022 IBRD-93320 Int Charges 430,851.84
Jun 15, 2023 IBRD-93320 Int Charges 0.01
Jun 18, 2024 IBRD-93320 Int Charges 24,377,334.00
Jun 18, 2024 IBRD-93320 Int Charges 149,125.23
Jun 15, 2023 IBRD-93320 Int Charges 958,181.60
Dec 15, 2023 IBRD-93320 Int Charges 22,966,672.00
Dec 15, 2023 IBRD-93320 Int Charges 398,850.72
Dec 15, 2022 IBRD-93320 Int Charges 13,528,897.00
Jun 15, 2023 IBRD-93320 Int Charges 19,027,768.00
Jan 20, 2022 IBRD-93320 Loan Commitment 750,000,000.00
Jun 15, 2022 IBRD-93320 Int Charges 1,910,357.60
Mar 18, 2022 IBRD-93320 Loan Disb 750,000,000.00
Jun 15, 2023 IBRD-93320 Int Charges 958,181.60
Mar 16, 2022 IBRD-93320 Fee Charges 1,875,000.00
Jun 15, 2022 IBRD-93320 Loan Disb 750,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-17-2025PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.