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Second Economic Recovery Development Policy Loan

Abstract*

The development objectives of the Second Economic Recovery Development Policy Loan in Ukraine are to: (i) foster de-monopolization and anticorruption institutions; (ii) strengthen land and credit markets; and (iii) bolster the social safety net. The operation is structured around three pillars aimed at supporting the Government in building a stronger, inclusive recovery, while protecting the vulnerable from the effects of the COVID-19 shock. 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

The proposed program development objectives are to: (i) foster de-monopolization and anticorruption institutions; (ii) strengthen land and credit markets; and (iii) bolster the social safety net.

Key Details

Project Details

  • P177931

  • Closed

  • Karlis Smits , Tehmina Shaukat Khan

  • Ukraine

  • Ukraine

  • October 28, 2021

  • (as of board presentation)

    December 17, 2021

  • December 20, 2021

  • US$ 0.00 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2022

  • US$ 349.50 million

  • N/A

  • March 7, 2024

  • January 31, 2023

  • BANK APPROVED

  • P172597

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 349.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 349.50
IDA Commitment N/A
IBRD + IDA Commitment 349.50
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 15, 2024 IBRD-93660 Int Charges 7,870,841.00
Jun 15, 2024 IBRD-93230 Int Charges 7,553,590.50
Jun 15, 2024 IBRD-93670 Int Charges 2,007,996.10
Jun 15, 2024 IBRD-93680 Int Charges 1,125,485.00
Dec 15, 2023 IBRD-93670 Int Charges 1,992,160.50
Dec 15, 2023 IBRD-93230 Int Charges 7,494,021.00
Dec 15, 2023 IBRD-93660 Int Charges 7,808,769.50
Dec 15, 2023 IBRD-93680 Int Charges 1,116,609.10
Jun 15, 2023 IBRD-93230 Int Charges 5,278,427.50
Jun 15, 2023 IBRD-93670 Int Charges 1,403,182.00
Jun 15, 2023 IBRD-93680 Int Charges 786,485.75
Jun 15, 2023 IBRD-93660 Int Charges 5,500,121.50
Dec 15, 2022 IBRD-93670 Int Charges 353,184.47
Dec 15, 2022 IBRD-93670 Int Charges 13,099.32
Mar 7, 2022 IBRD-93660 Loan Commitment 350,000,000.00
Mar 7, 2022 IBRD-93670 Loan Commitment 89,250,000.00
Mar 7, 2022 IBRD-93680 Loan Commitment 50,000,000.00
Dec 17, 2021 IBRD-93230 Loan Commitment 349,500,000.00
Apr 5, 2022 IBRD-93680 Loan Disb 48,913,312.00
Mar 10, 2022 IBRD-93660 Loan Disb 344,247,616.00
May 23, 2022 IBRD-93670 Loan Disb 84,928,248.00
Mar 8, 2022 IBRD-93670 Loan Disb 217,139.31
Mar 8, 2022 IBRD-93670 Fee Charges 217,139.31
Mar 8, 2022 IBRD-93680 Loan Disb 121,706.93
Mar 8, 2022 IBRD-93680 Fee Charges 121,706.93
Jun 24, 2022 IBRD-93660 Int Charges 213,034.55
Jun 24, 2022 IBRD-93680 Int Charges 22,318.29
Jun 24, 2022 IBRD-93230 Int Charges 351,457.47
Mar 8, 2022 IBRD-93660 Loan Disb 851,131.60
Mar 8, 2022 IBRD-93660 Fee Charges 851,131.60
Dec 20, 2021 IBRD-93230 Loan Disb 845,325.00
Dec 20, 2021 IBRD-93230 Fee Charges 845,325.00
Dec 23, 2021 IBRD-93230 Loan Disb 338,870,688.00
Dec 15, 2022 IBRD-93660 Int Charges 1,384,394.60
Dec 15, 2022 IBRD-93680 Int Charges 197,960.47
Dec 15, 2022 IBRD-93230 Int Charges 1,328,593.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-07-2024
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-12-2024PROJECT 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 QualityHighN/a
M&e QualityN/a

Results Framework

No data available.