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SEYCHELLES SECOND FISCAL SUSTAINABILITY AND CLIMATE RESILIENCE DEVELOPMENT POLICY LOAN

Abstract*

The development objectives of the Second Fiscal Sustainability and Climate Resilience Development Policy Loan for Seychelles are to support the government’s effort to: (i) strengthen medium‐term fiscal sustainability; (ii) build resilience; and (iii) strengthening policies for inclusive and sustainable growth. The operation is the second in a programmatic series of three DPFs and supports reforms in three main areas of the government’s national development...

* 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 Program Development Objectives are to support the government’s effort to: (i) strengthen medium-term fiscal sustainability; (ii) build resilience and (iii) strengthen policies for inclusive and sustainable growth

Key Details

Project Details

  • P178209

  • Closed

  • Kenechukwu Ezemenari

  • The Republic of Seychelles

  • Seychelles

  • July 26, 2022

  • (as of board presentation)

    December 20, 2022

  • December 23, 2022

  • US$ 0.00 million

  • MINISTRY OF FINANCE, NATIONAL PLANNING, AND TRADE

  • Eastern and Southern Africa

  • 2023

  • US$ 25.00 million

  • N/A

  • December 17, 2023

  • March 15, 2024

  • BANK APPROVED

  • P176420

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 25.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 25.00
IDA Commitment N/A
IBRD + IDA Commitment 25.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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

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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$)
Jul 22, 2024 IBRD-94600 Int Charges 807,366.10
Jul 22, 2024 IBRD-94600 Int Charges 5,351.27
Jan 15, 2024 IBRD-94600 Int Charges 10,678.22
Jan 15, 2024 IBRD-94600 Int Charges 802,226.70
Jul 15, 2023 IBRD-94600 Int Charges 55,259.42
Jul 15, 2023 IBRD-94600 Int Charges 673,826.60
Dec 23, 2022 IBRD-94600 Fee Charges 62,500.00
Dec 23, 2022 IBRD-94600 Loan Disb 62,500.00
Dec 30, 2022 IBRD-94600 Loan Disb 24,937,500.00
Dec 20, 2022 IBRD-94600 Loan Commitment 25,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.