| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 500.00 |
Angola First Green, Resilient, Inclusive Growth and Diversification Development Policy Financing
Abstract*
The development objective of the First Green, Resilient, Inclusive Growth, and Diversification Development Policy Loan for Angola is to support the Government of Angola to promote green, resilient, and inclusive growth by: (i) reducing economic distortions and strengthening fiscal and financial sector resilience; (ii) boosting equity by strengthening social inclusion; and (iii) Improving markets and infrastructures to build climate resilience. The... Show More
Development Objective
The development objective is to support the Government of Angola to promote green, resilient, and inclusive growth by (i) reducing economic distortions and strengthening fiscal and financial sector resilience (ii) boosting equity by strengthening social inclusion; and (iii) Improving markets and infrastructures to build climate resilience
Key Details
Project Details
P179512
Closed
Nelson Eduardo , Chadi Bou Habib
Republic of Angola
April 4, 2023
(as of board presentation)
June 30, 2023
September 15, 2023
US$ 0.00 million
Ministry of Finance of Angola
2023
US$ 500.00 million
N/A
January 3, 2024
June 30, 2024
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 500.00 |
| IDA Commitment | N/A |
| 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 March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 30, 2023 | IBRD-95720 | Loan Commitment | 500,000,000.00 |
| May 15, 2024 | IBRD-95720 | Int Charges | 16,408,332.00 |
| Sep 15, 2023 | IBRD-95720 | Loan Disb | 1,250,000.00 |
| Oct 4, 2023 | IBRD-95720 | Loan Disb | 498,750,016.00 |
| Sep 15, 2023 | IBRD-95720 | Fee Charges | 1,250,000.00 |
| May 15, 2024 | IBRD-95720 | Int Charges | 3,725,178.00 |
| May 15, 2024 | IBRD-95720 | Int Charges | 64,905.82 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Program Management | Moderately Satisfactory | 2024-07-03 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-07-03 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-07-03 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-07-03 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.