| Financier | Commitments |
|---|---|
| IDA Credit | 500.00 |
Second DRC Foundational Economic Governance Reforms Development Policy Financing
Abstract*
The development objective of the Second Democratic Republic of Congo (DRC) Foundational Economic Governance Reforms Development Policy Financing for DRC is supporting the government’s program of reforms to address DRC’s key governance challenges in public finances, market opening, and forestry, in order to accelerate inclusive and climate resilient development. It supports increased domestic revenue mobilization, complemented by strengthened expenditure... Show More
Development Objective
Supporting the Government's program of reforms to address DRC's key governance challenges in public finances, market opening, and forestry, in order to accelerate inclusive and climate resilient development.
Key Details
Project Details
P179141
Closed
Guillemette Jaffrin , Pierre Guigon, Sandra El Saghir
Democratic Republic of Congo
September 30, 2022
(as of board presentation)
March 28, 2023
June 29, 2023
US$ 0.00 million
Ministry of Finance
2023
US$ 500.00 million
N/A
Not Applicable
June 30, 2024
BANK APPROVED
April 19, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 500.00 |
| IBRD + IDA Commitment | 500.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 28, 2023 | IDA-72880 | Loan Commitment | 500,000,000.00 |
| Jun 30, 2023 | IDA-72880 | Loan Disb | 500,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Program Management | Moderately Satisfactory | 2024-06-29 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-06-29 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-06-29 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-06-29 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.