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Romania Second Programmatic Inclusive and Green Growth Development Policy Loan

Abstract*

The development objective of Second Programmatic Inclusive and Green Growth Development Policy Loan Project is to support the government of Romania’s efforts to: 1) strengthen inclusion and fiscal management; and 2) foster decarbonization and climate resilience. The government’s program for 2021-2024 aims to build a cohesive and open society that benefits from improved education and health systems, and from reduced inequalities between men and women...

* 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 Objective (PDO) of the proposed series is to support the Government of Romania’s efforts to: 1) strengthen inclusion and fiscal management; and 2) foster decarbonization and climate resilience.

Key Details

Project Details

  • P179297

  • Closed

  • Emilija Timmis , Mona Prasad, Mariano Gonzalez Serrano

  • Romania

  • Romania

  • April 9, 2023

  • (as of board presentation)

    June 30, 2023

  • November 23, 2023

  • US$ 0.00 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2023

  • US$ 650.00 million

  • N/A

  • November 8, 2023

  • September 30, 2024

  • BANK APPROVED

  • P178912

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 650.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 650.00
IDA Commitment N/A
IBRD + IDA Commitment 650.00
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$)
Apr 15, 2024 IBRD-95640 Int Charges 384,521.34
Jun 30, 2023 IBRD-95640 Loan Commitment 650,000,000.00
Apr 15, 2024 IBRD-95640 Int Charges 10,103,118.00
Dec 13, 2023 IBRD-95640 Loan Disb 638,304,960.00
Dec 5, 2023 IBRD-95640 Fee Charges 1,600,941.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.