Skip to Main Navigation

Malawi First Growth and Resilience DPO with a Catastrophe Deferred Drawdown Option

Abstract*

It is the first in a programmatic series of two in the amount of US80 million dollars equivalent and is combined with a Catastrophe Deferred Drawdown Option (Cat-DDO) of US57 million dollars equivalent. It helps the Government of Malawi (GoM) address longstanding macroeconomic imbalances, as supported through a new International Monetary Fund (IMF) program and strengthen structural and governance foundations for a more dynamic and resilient economy...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Show More

Development Objective

The program development objective is to support reforms aimed at 1) anchoring fiscal sustainability and transparency, 2) stimulating private sector-led growth, and 3) strengthening the resilience of the poor against shocks.

Key Details

Project Details

  • P175072

  • Active

  • Jakob Engel , Arati Belle, Yumeka Hirano

  • Ministry of Finance and Economic Affairs

  • Malawi

  • June 29, 2022

  • (as of board presentation)

    December 12, 2023

  • December 13, 2023

  • US$ 0.00 million

  • Ministry of Finance and Economic Affairs

  • Eastern and Southern Africa

  • 2024

  • US$ 137.00 million

  • N/A

  • Not Applicable

  • December 31, 2026

  • BANK APPROVED

  • June 16, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 137.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 137.00
IBRD + IDA Commitment 137.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Apr 17, 2024 IDA-E2780 Loan Disb 57,075,340.00
Dec 19, 2023 IDA-E2770 Loan Disb 81,393,456.00
Dec 12, 2023 IDA-E2780 Loan Commitment 57,000,000.00
Dec 12, 2023 IDA-E2770 Loan Commitment 80,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.