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Bhutan - COVID-19 Crisis Response DPC

Abstract*

The development objectives of the COVID-19 Crisis Response Development Policy Credit in Bhutan: (i) strengthen policies for economic resilience and environmental sustainability and (ii) enhance programs to address the economic, social and health impact of COVID-19. The operation supports reforms that address the economic, social and health impact of COVID-19 while maintaining a line of sight to address Bhutan’s structural constraints to a resilient...

* 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 operation aims to (i) strengthen policies for economic resilience and environmental sustainability and (ii) enhance programs toaddress the economic, social and health impact of COVID-19.

Key Details

Project Details

  • P175758

  • Closed

  • Florian Blum , Melanie Trost Zagatti

  • The Kingdom of Bhutan

  • Bhutan

  • March 29, 2021

  • (as of board presentation)

    June 23, 2021

  • June 24, 2021

  • US$ 0.00 million

  • Ministry of Finance

  • South Asia

  • 2021

  • US$ 35.00 million

  • N/A

  • August 29, 2023

  • June 30, 2022

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 35.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 35.00
IBRD + IDA Commitment 35.00
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$)
Jun 25, 2021 IDA-69280 Loan Disb 34,865,892.00
Sep 15, 2021 IDA-69280 Int Charges 57,932.92
Sep 15, 2021 IDA-69280 Int Charges 57,932.92
Mar 15, 2022 IDA-69280 Int Charges 55.86
Mar 15, 2022 IDA-69280 Int Charges 55.86
Mar 15, 2022 IDA-69280 Int Charges 126,208.70
Mar 15, 2022 IDA-69280 Int Charges 126,208.70
Sep 15, 2022 IDA-69280 Int Charges 2,615.30
Sep 15, 2022 IDA-69280 Int Charges 2,615.30
Sep 15, 2022 IDA-69280 Int Charges 115,868.96
Sep 15, 2022 IDA-69280 Int Charges 115,868.96
Mar 15, 2023 IDA-69280 Int Charges 1,317.59
Mar 15, 2023 IDA-69280 Int Charges 1,317.59
Mar 15, 2023 IDA-69280 Int Charges 120,490.87
Mar 15, 2024 IDA-69280 Int Charges 118,566.64
Jun 23, 2021 IDA-69280 Loan Commitment 35,000,000.00
Mar 15, 2023 IDA-69280 Int Charges 120,490.87
Mar 15, 2024 IDA-69280 Int Charges 118,566.64
Mar 15, 2024 IDA-69280 Int Charges 3,274.76
Mar 15, 2024 IDA-69280 Int Charges 3,274.76
Sep 15, 2023 IDA-69280 Int Charges 1,571.04
Sep 15, 2023 IDA-69280 Int Charges 1,571.04
Sep 15, 2023 IDA-69280 Int Charges 119,091.84
Sep 15, 2023 IDA-69280 Int Charges 119,091.84

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 08-29-2023
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-08-2023PROJECT 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 QualityModestN/a
M&e QualityN/a

Results Framework

No data available.