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Grenada COVID-19 Crisis Response and Fiscal Management DPC

Abstract*

The development objective of the COVID-19 Crisis Response and Fiscal Management Development Policy Credit in Grenada supports Grenada’s response to the COVID-19 crisis in the short term and enhances long-term economic management and resilience through three pillars. Pillar 1 strengthens the capacity of the health and social protection systems to respond to the health threat posed by COVID-19, and provides a safety net for workers and their families...

* 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 development objective of this operation is to support Grenada’s response to the COVID-19 crisis in the short term and also enhance long-term sustainability and resilience through (i) strengthening the Government’s health and social protection responses to COVID-19; (ii) saving jobs and protecting livelihoods of households and firms; and (iii) strengthening fiscal management and transparency.

Key Details

Project Details

  • P174527

  • Closed

  • Tamoya Christie , Ran Li

  • Grenada

  • Grenada

  • September 17, 2020

  • (as of board presentation)

    December 17, 2020

  • December 23, 2020

  • US$ 25.00 million

  • N/A

  • August 16, 2023

  • December 31, 2021

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 25.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 25.00
IBRD + IDA Commitment 25.00
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$)
Feb 15, 2024 IDA-68050 Int Charges 161,250.00
Feb 15, 2023 IDA-68050 Int Charges 161,250.00
Dec 17, 2020 IDA-68050 Loan Commitment 25,000,000.00
Aug 15, 2023 IDA-68050 Int Charges 161,250.00
Aug 15, 2023 IDA-68050 Int Charges 161,250.00
Aug 15, 2024 IDA-68050 Int Charges 161,250.00
Aug 15, 2024 IDA-68050 Int Charges 161,250.00
Jan 15, 2021 IDA-68050 Loan Disb 25,000,000.00
Aug 15, 2021 IDA-68050 Int Charges 161,250.00
Aug 15, 2021 IDA-68050 Int Charges 161,250.00
Aug 15, 2021 IDA-68050 Int Charges 26,875.00
Aug 15, 2021 IDA-68050 Int Charges 26,875.00
Feb 15, 2022 IDA-68050 Int Charges 161,250.00
Feb 15, 2022 IDA-68050 Int Charges 161,250.00
Aug 15, 2022 IDA-68050 Int Charges 161,250.00
Aug 15, 2022 IDA-68050 Int Charges 161,250.00
Feb 15, 2023 IDA-68050 Int Charges 161,250.00
Feb 15, 2024 IDA-68050 Int Charges 161,250.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-06-2023
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-15-2023PROJECT 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.