| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 300.00 |
Costa Rica Second Fiscal and Decarbonization Management DPL
Abstract*
The development objectives of the Second Fiscal and Decarbonization Management Development Policy Loan in Costa Rica are to support Costa Rica's program to: (i) protect people’s income and jobs from the impact of COVID-19 and foster small and medium enterprise recovery; (ii) reinforce fiscal sustainability in the aftermath of COVID-19; and (iii) lay out the foundations for a strong post-COVID-19 recovery by promoting green growth and low-carbon development... Show More
Development Objective
The Program Development Objective of this DPL is to support Costa Rica's program to: (i) protect people’s income and jobs from the impact of COVID-19 and foster small and medium enterprise recovery; (ii) reinforce fiscal sustainability in the aftermath of COVID-19; and (iii) lay out the foundations for a strong post-COVID-19 recovery by promoting green growth and low-carbon development.
Key Details
Project Details
P174786
Closed
Barbara Cunha , Diji Chandrasekharan Behr
Republic of Costa Rica
Costa Rica
May 10, 2021
(as of board presentation)
June 29, 2021
May 11, 2022
US$ 0.00 million
Ministry of Finance,Ministry of Environment and Energy (MINAE)
2021
US$ 300.00 million
N/A
N/A
August 31, 2022
BANK APPROVED
August 16, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Aug 18, 2022 | IBRD-92790 | Int Charges | 556,849.30 |
| Jul 27, 2022 | IBRD-92790 | Loan Disb | 300,000,000.00 |
| Feb 15, 2023 | IBRD-92790 | Int Charges | 466,478.12 |
| Aug 15, 2023 | IBRD-92790 | Int Charges | 314,571.84 |
| Aug 15, 2023 | IBRD-92790 | Int Charges | 8,639,957.00 |
| Aug 15, 2024 | IBRD-92790 | Int Charges | 55,133.59 |
| Jun 29, 2021 | IBRD-92790 | Loan Commitment | 300,000,000.00 |
| Feb 15, 2023 | IBRD-92790 | Int Charges | 39,041.09 |
| Feb 15, 2023 | IBRD-92790 | Int Charges | 7,071,273.00 |
| Feb 15, 2024 | IBRD-92790 | Int Charges | 9,970,976.00 |
| Aug 15, 2024 | IBRD-92790 | Int Charges | 9,998,660.00 |
| Feb 15, 2024 | IBRD-92790 | Int Charges | 87,237.21 |
| Jun 8, 2022 | IBRD-92790 | Fee Charges | 750,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2022-06-28 |
| Monitoring and Evaluation | Moderately Satisfactory | 2022-06-28 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2022-06-28 |
| Program Management | Moderately Satisfactory | 2022-06-28 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Annual budgets of the Central Government (CG), Social Insurance Fund (SIF), and Universities in compliance with the fiscal rule (number) Value 0.00 1.00 12.00 Date December 31, 2018 December 31, 2021 December 31, 2023 Comment