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Grenada Second Recovery and Resilience Programmatic DPC

Abstract*

The development objective of the Second Recovery and Resilience Programmatic Development Policy Credit for Grenada is to support Grenada’s recovery, through two pillars, (i) promoting a greener and more climate-resilient economy; and (ii) improving sustainability, inclusiveness, and accountability of fiscal management. Reforms under the operation address pre-existing structural challenges, as well as gaps exposed by the pandemic. Pillar 1 helps Grenada...

* 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 development objective of this proposed operation is to support Grenada’s recovery, through two pillars, (i) Promoting a greener and more climate-resilient economy; and (ii) Improving sustainability, inclusiveness and accountability of fiscal management.

Key Details

Project Details

  • P178930

  • Closed

  • Vasileios Tsiropoulos

  • Grenada

  • Grenada

  • January 25, 2023

  • (as of board presentation)

    July 20, 2023

  • August 2, 2023

  • US$ 30.00 million

  • N/A

  • February 20, 2024

  • December 31, 2024

  • BANK APPROVED

  • P176663

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 30.00
IBRD + IDA Commitment 30.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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

Download:
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 20, 2023 IDA-73850 Loan Commitment 30,000,000.00
Dec 15, 2023 IDA-73850 Int Charges 103,133.33
Jun 15, 2024 IDA-73850 Int Charges 178,500.00
Sep 1, 2023 IDA-73850 Loan Disb 30,000,000.00
Jun 15, 2024 IDA-73850 Int Charges 178,500.00
Dec 15, 2023 IDA-73850 Int Charges 103,133.33

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2024-10-29
Monitoring and Evaluation Satisfactory 2024-10-29
Overall Implementation Progress (IP) Moderately Satisfactory 2024-10-29
Program Management Satisfactory 2024-10-29

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.