| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 750.00 |
Philippines First Sustainable Recovery DPL
Abstract*
The development objective of the First Sustainable Recovery Development Policy Loan (DPL) for Philippines aims to support the Government of the Philippines’ reforms to: (1) accelerate the economic recovery and boost long-term growth; and (2) protect the environment and improve climate resilience. The project pillars are: pillar 1 includes reforms to attract private investment in infrastructure and renewable energy (RE) and promote green jobs and investments;... Show More
Development Objective
The DPL series aims to support the Government of the Philippines' reforms to: 1) accelerate the economic recovery and boost long-term growth; and 2) protect the environment and improve climate resilience.
Key Details
Project Details
P178634
Closed
Ralph Van Doorn , Jaime Frias, Kevin Chua
Department of Finance
December 16, 2022
(as of board presentation)
June 13, 2023
August 24, 2023
US$ 0.00 million
National Economic and Development Authority,Department of Environment and Natural Resources,Department of Budget and Management,Bureau of Internal Revenue,Bangko Sentral ng Pilipinas,Bureau of the Treasury,Department of Labor and Employment,Climate Change Commission,Department of Agriculture,Anti-Red Tape Authority,Department of Transportation,Department of Trade and Industry,Department of Energy,Government Procurement Policy Board,Public-Private Partnership Center
2023
US$ 750.00 million
N/A
October 16, 2023
December 31, 2024
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 750.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 750.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Nov 15, 2023 | IBRD-95220 | Int Charges | 26,810.76 |
| May 15, 2024 | IBRD-95220 | Int Charges | 2,481,407.20 |
| May 15, 2024 | IBRD-95220 | Int Charges | 102,482.87 |
| May 15, 2024 | IBRD-95220 | Int Charges | 24,802,082.00 |
| Aug 24, 2023 | IBRD-95220 | Fee Charges | 1,875,000.00 |
| Jun 13, 2023 | IBRD-95220 | Loan Commitment | 750,000,000.00 |
| Nov 15, 2023 | IBRD-95220 | Int Charges | 322,821.06 |
| Aug 24, 2023 | IBRD-95220 | Loan Disb | 1,875,000.00 |
| Oct 26, 2023 | IBRD-95220 | Loan Disb | 748,124,990.00 |
Results Framework
No data available.