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Botswana Programmatic Economic Resilience and Green Recovery DPF

Abstract*

The development objectives of the Programmatic Economic Resilience and Green Recovery Development Policy Loan Project in Botswana are to strengthen private sector development, and promote a resilient, green recovery. The operation is structured around three pillars with a total of six prior actions: (i) Pillar 1, strengthening pandemic and crisis response; (ii) Pillar 2, addressing regulatory constraints for a private sector recovery; and (iii) Pillar...

* 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

To support Government’s response to the COVID-19 pandemic, strengthen private sector development, and promote a resilient, green recovery.

Key Details

Project Details

  • P175934

  • Closed

  • Albert Pijuan Sala , Edouard Al-Dahdah, Anna Carlotta Allen Massingue

  • Republic of Botswana

  • Botswana

  • March 22, 2021

  • (as of board presentation)

    June 11, 2021

  • October 14, 2021

  • US$ 0.00 million

  • Ministry of Finance and Economic Development

  • Eastern and Southern Africa

  • 2021

  • US$ 250.00 million

  • N/A

  • August 22, 2023

  • December 31, 2022

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 250.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 250.00
IDA Commitment N/A
IBRD + IDA Commitment 250.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Oct 28, 2021 IBRD-92580 Loan Disb 249,375,008.00
Oct 14, 2021 IBRD-92580 Loan Disb 625,000.00
Oct 14, 2021 IBRD-92580 Fee Charges 625,000.00
Apr 15, 2022 IBRD-92580 Loan Disb -250,000,000.00
Apr 15, 2022 IBRD-92580 Loan Disb 250,000,000.00
Apr 21, 2022 IBRD-92580 Int Charges 809,959.40
Oct 15, 2023 IBRD-92580 Int Charges 7,342,615.50
Apr 24, 2024 IBRD-92580 Int Charges 86,713.09
Apr 24, 2024 IBRD-92580 Int Charges 7,999,830.00
Jun 11, 2021 IBRD-92580 Loan Commitment 250,000,000.00
Apr 19, 2023 IBRD-92580 Int Charges 255,579.81
Apr 19, 2023 IBRD-92580 Int Charges 5,923,093.00
Oct 15, 2023 IBRD-92580 Int Charges 131,949.98
Oct 15, 2022 IBRD-92580 Int Charges 3,185,350.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2023-04-20
Program Management Satisfactory 2023-04-20
Monitoring and Evaluation Moderately Satisfactory 2023-04-20
Overall Implementation Progress (IP) Moderately Satisfactory 2023-04-20

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • PA1: Indicator 1: Percentage of beneficiaries in five (5) social programs updated in the Single Social RegistryValue20.5098.0075.80
    DateJune 30, 2021January 31, 2023December 30, 2022
    Comment
  • PA3: Indicator 3: Percent of new businesses falling under the Trade Act or Industrial Development Act that are exempt from licensing requirements.Value0.0060.0070.00
    DateJune 30, 2020March 29, 2023December 30, 2022
    Comment
  • PA4: Indicator 4: Capacity of Renewable Energy permitted to be commissioned, in MegawattsValue2.0062.00100.00
    DateJune 30, 2021December 30, 2022December 30, 2022
    Comment
  • PA5: Indicator 5: Aggregate capacity for Solar Rooftop Program, in MegawattsValue1.5018.0010.00
    DateJune 30, 2021January 30, 2023December 30, 2022
    Comment
  • PA2: Indicator 2: Value of financing facilitated to the small and micro enterprise (SME) sector (new loans), in PulaValue0.004165832126.0050000000.00
    DateJune 30, 2021March 1, 2023December 30, 2022
    Comment
  • PA6: Indicator 6: % of Environmental Management Plans and Environmental Impact Assessment processes that integrate climate change resilience considerations in line with climate change guidelinesValue0.000.0033.00
    DateJune 30, 2021December 30, 2022December 30, 2022
    Comment