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Saint Lucia COVID-19 Response, Recovery and Resilience Development Policy Credit

Abstract*

The development objective of the COVID-19 Response, Recovery and Resilience Development Policy Credit in Saint Lucia mitigates the negative economic effects and risks from COVID-19 on the most vulnerable and to strengthen medium-term resilience and sustainability by: (i) protecting lives and livelihoods in response to COVID-19, (ii) ensuring business continuity and financial resilience, and (iii) enhancing public sector and public debt management...

* 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 proposed operation aims to mitigate the negative economic effects and risks from COVID-19 on the most vulnerable and to strengthen medium-term resilience and sustainability by: (i) protecting lives and livelihoods in response to COVID-19, (ii) ensuring business continuity and financial resilience, and (iii) enhancing public sector and public debt management for the post-crisis recovery

Key Details

Project Details

  • P174346

  • Closed

  • David Cal MacWilliam

  • Saint Lucia

  • St. Lucia

  • August 27, 2020

  • (as of board presentation)

    January 14, 2021

  • April 2, 2021

  • US$ 30.00 million

  • N/A

  • August 16, 2023

  • December 31, 2021

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 30.00
IBRD + IDA Commitment 30.00
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$)
Jan 14, 2021 IDA-68210 Loan Commitment 30,000,000.00
May 19, 2022 IDA-68210 Int Charges 225,000.00
May 16, 2024 IDA-68210 Int Charges 225,000.00
May 18, 2023 IDA-68210 Int Charges 225,000.00
May 18, 2023 IDA-68210 Int Charges 225,000.00
Nov 15, 2023 IDA-68210 Int Charges 225,000.00
Nov 15, 2023 IDA-68210 Int Charges 225,000.00
Nov 16, 2022 IDA-68210 Int Charges 225,000.00
Nov 16, 2022 IDA-68210 Int Charges 225,000.00
Apr 19, 2021 IDA-68210 Loan Disb 30,000,000.00
Nov 16, 2021 IDA-68210 Int Charges 32,500.00
Nov 16, 2021 IDA-68210 Int Charges 32,500.00
Nov 16, 2021 IDA-68210 Int Charges 225,000.00
Nov 16, 2021 IDA-68210 Int Charges 225,000.00
May 19, 2022 IDA-68210 Int Charges 225,000.00
May 16, 2024 IDA-68210 Int Charges 225,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-16-2023
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-26-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityModestN/a
M&e QualityN/a

Results Framework

No data available.