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Green and Resilient Growth DPC-1

Abstract*

The development objective of the First Green and Resilient Growth Development Policy Credit for Bhutan is to: (i) strengthen resilient and private sector-led growth through fiscal sustainability and enhanced access to finance and markets; and (ii) foster green growth focused on renewable natural resources. The operation - the first in a programmatic series of two development policy credits (DPCs) - supports the Royal Government of Bhutan’s efforts...

* 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 resilient and private sector-led growth through fiscal sustainability and enhanced access to finance and markets, and (ii) foster green growth focused on renewable natural resources.

Key Details

Project Details

  • P177712

  • Closed

  • Melanie Trost Zagatti , Robert Carl Michael Beyer

  • The Kingdom of Bhutan

  • Bhutan

  • May 7, 2022

  • (as of board presentation)

    June 21, 2022

  • June 23, 2022

  • US$ 0.00 million

  • Ministry of Finance

  • South Asia

  • 2022

  • US$ 52.50 million

  • N/A

  • November 16, 2022

  • June 30, 2023

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 52.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 52.50
IBRD + IDA Commitment 52.50
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 21, 2022 IDA-71550 Loan Commitment 52,500,000.00
Sep 15, 2023 IDA-71550 Int Charges 2,517.56
Mar 15, 2024 IDA-71550 Int Charges 189,998.12
Mar 15, 2024 IDA-71550 Int Charges 5,247.72
Mar 15, 2024 IDA-71550 Int Charges 5,247.72
Jun 27, 2022 IDA-71550 Loan Disb 52,297,424.00
Sep 15, 2022 IDA-71550 Int Charges 82,275.34
Sep 15, 2022 IDA-71550 Int Charges 82,275.34
Mar 15, 2023 IDA-71550 Int Charges 914.93
Mar 15, 2023 IDA-71550 Int Charges 914.93
Mar 15, 2023 IDA-71550 Int Charges 194,278.12
Mar 15, 2023 IDA-71550 Int Charges 194,278.12
Sep 15, 2023 IDA-71550 Int Charges 190,839.77
Sep 15, 2023 IDA-71550 Int Charges 190,839.77
Sep 15, 2023 IDA-71550 Int Charges 2,517.56
Mar 15, 2024 IDA-71550 Int Charges 189,998.12

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.