Liberia Second Inclusive Growth Development Policy Operation

Abstract*

The development objectives of the Second Inclusive Growth Development Policy Operation in Liberia are to: (1) remove distortions in selected sectors and strengthening public-sector transparency; and (2) promote economic and social inclusion. supports critical reforms to bolster economic recovery by (i) removing distortions in selected sectors and strengthening public-sector transparency; and (ii) promoting economic and social inclusion. The reforms... Show More

Development Objective

The program development objectives of these series are: 1) removing distortions in selected sectors and strengthening public-sector transparency; and 2) promoting economic and social inclusion.

Key Details

Project Details

Project ID
P175570
Status
Closed
Team Leader
Mamadou Ndione
Borrower 2
Republic of Liberia

Country
Liberia
Disclosure Date
February 4, 2021
Approval Date
(as of board presentation)
June 17, 2021
Effective Date
June 30, 2021

Total Project Cost 1
US$ 0.00 million
Implementing Agency
Ministry of Finance and Development Planning
Region
Western and Central Africa
Fiscal Year 3
2021

Commitment Amount
US$ 40.00 million
Environmental Category
N/A
Last Update Date
August 31, 2023
Closing Date
December 31, 2022

Last Stage Reached
BANK APPROVED
Parent Projects
P168218

Associated Projects
P176993

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Fiscal Policy17%
- FY17 - Tax policy17%

FY17 - Environment and Natural Resource Management

FY17 - Climate change21%
- FY17 - Adaptation21%
FY17 - Energy17%
- FY17 - Access to Energy17%
- FY17 - Energy Efficiency17%
- FY17 - Energy Policies & Reform17%

FY17 - Finance

FY17 - Financial Infrastructure and Access17%
- FY17 - Payment & markets infrastructure17%

FY17 - Human Development and Gender

FY17 - Disease Control67%
- FY17 - Pandemic Response67%
FY17 - Gender33%
FY17 - Nutrition and Food Security33%
- FY17 - Food Security33%

FY17 - Private Sector Development

FY17 - Jobs17%
- FY17 - Job Creation17%

FY17 - Public Sector Management

FY17 - Data Development and Capacity Building17%
- FY17 - Data production, accessibility and use17%
FY17 - Public Administration17%
- FY17 - State-owned Enterprise Reform and Privatization17%
FY17 - Public Finance Management33%
- FY17 - Debt Management17%
- FY17 - Domestic Revenue Administration17%
- FY17 - Public Expenditure Management17%

FY17 - Social Development and Protection

FY17 - Social Protection17%
- FY17 - Social Safety Nets17%
- FY17 - Social protection delivery systems17%

FY17 - Urban and Rural Development

FY17 - Rural Development17%
- FY17 - Rural Markets17%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	20.00
IDA Credit	20.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	40.00
IBRD + IDA Commitment	40.00

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.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Feb 23, 2023	IDA-69060	Int Charges	169,999.98
Jun 17, 2021	IDA-D8400	Loan Commitment	20,000,000.00
Aug 15, 2022	IDA-69060	Int Charges	169,999.98
Aug 15, 2022	IDA-69060	Int Charges	169,999.98
Jul 1, 2021	IDA-69060	Loan Disb	20,000,000.00
Jul 1, 2021	IDA-D8400	Loan Disb	19,935,020.00
Apr 1, 2024	IDA-69060	Int Charges	169,999.98
Apr 1, 2024	IDA-69060	Int Charges	169,999.98
Sep 29, 2023	IDA-69060	Int Charges	169,999.98
Sep 29, 2023	IDA-69060	Int Charges	169,999.98
Jun 17, 2021	IDA-69060	Loan Commitment	20,000,000.00
Feb 15, 2022	IDA-69060	Int Charges	169,999.98
Feb 15, 2022	IDA-69060	Int Charges	169,999.98
Feb 15, 2022	IDA-69060	Int Charges	41,555.55
Feb 15, 2022	IDA-69060	Int Charges	41,555.55
Feb 23, 2023	IDA-69060	Int Charges	169,999.98

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2022-09-21
Monitoring and Evaluation	Satisfactory	2022-09-21
Program Management	Satisfactory	2022-09-21
Overall Implementation Progress (IP)	Satisfactory	2022-09-21

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

Quantity of certified rice seeds available to farmers Value 0.00 0.00 2.00
Date December 31, 2018 August 30, 2022 December 31, 2023
Comment
SOEs with debt information published in the Public Debt Management reports (number) Value 0.00 15.00 8.00
Date December 31, 2019 June 30, 2022 December 29, 2023
Comment
Adults with financial transaction accounts (percentage) Value 35.70 43.70 45.00
Date December 31, 2018 December 31, 2020 December 29, 2023
Comment
LEC overall transmission and distribution losses (percent) Value 63.00 58.00 55.00
Date December 31, 2018 December 31, 2021 December 31, 2023
Comment
Health facilities provided with electricity service from stand-alone solar systems (number) Value 0.00 0.00 50.00
Date December 31, 2019 June 30, 2022 December 29, 2023
Comment
Tax expenditures in total domestic revenues (percent) Value 32.60 20.00 20.00
Date December 28, 2018 December 31, 2021 December 29, 2023
Comment
Gender gap in financial transaction account ownership (percentage points) Value 35.50 30.40 25.00
Date December 31, 2018 December 31, 2020 December 29, 2023
Comment
Extreme poor households receiving regular cash transfers (number) Value 0.00 17500.00 20000.00
Date December 31, 2018 December 31, 2021 December 29, 2023
Comment

Quantity of certified rice seeds available to farmers	Value	0.00	0.00	2.00
	Date	December 31, 2018	August 30, 2022	December 31, 2023
	Comment

Adults with financial transaction accounts (percentage)	Value	35.70	43.70	45.00
	Date	December 31, 2018	December 31, 2020	December 29, 2023
	Comment

LEC overall transmission and distribution losses (percent)	Value	63.00	58.00	55.00
	Date	December 31, 2018	December 31, 2021	December 31, 2023
	Comment

Tax expenditures in total domestic revenues (percent)	Value	32.60	20.00	20.00
	Date	December 28, 2018	December 31, 2021	December 29, 2023
	Comment

Gender gap in financial transaction account ownership (percentage points)	Value	35.50	30.40	25.00
	Date	December 31, 2018	December 31, 2020	December 29, 2023
	Comment

Health facilities provided with electricity service from stand-alone solar systems (number)	Value	0.00	0.00	50.00
	Date	December 31, 2019	June 30, 2022	December 29, 2023
	Comment

Liberia Second Inclusive Growth Development Policy Operation

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS