| Financier | Commitments |
|---|---|
| IDA Credit | 100.00 |
Additional Financing to the Madagascar Road Sector Sustainability Project
Abstract*
The COVID-19 pandemic led to the sharpest recession in Madagascar in two decades. The impacts reflect job losses during the recession, which were particularly severe in transport, tourism, and trade, and declining incomes more generally. The pandemic has likely reversed more than a decade of gains in poverty reduction. With two-thirds of the population living in rural areas, Madagascar remains primarily a rural country. Rural and remote areas are... Show More
Development Objective
improve the longevity safety and climate resiliency of selected paved primary roads, and support emergency recovery of selected main infrastructure in Madagascar.
Key Details
Project Details
P178924
Active
Ziad EL Nakat
Republic of Madagascar
August 30, 2022
(as of board presentation)
September 27, 2022
N/A
US$ 100.00 million
Ministry of Public Works,Road Agency
2023
US$ 100.00 million
N/A
February 23, 2024
September 30, 2027
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 100.00 |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 100.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Results Framework
No data available.