| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 750.00 |
Philippines Second Sustainable Recovery Development Policy Loan
Abstract*
This program document proposes the second operation in a programmatic series of two Development Policy Loans (DPLs) supporting a sustainable economic recovery, in the amount of US 750 million dollars equivalent. The Program Development Objectives (PDOs) and pillars of the operation are to support the Government of the Philippines (GOP) to: 1) accelerate the economic recovery and boost long-term growth; and 2) protect the environment and improve climate... Show More
Development Objective
The DPL series aims to support the Government of the Philippines' reforms to: 1) accelerate the economic recovery and boost medium-term growth; and 2) protect the environment and improve climate resilience.
Key Details
Project Details
P180336
Active
Jaffar Al Rikabi , Jaime Frias, Ralph Van Doorn, Gonzalo Varela
Republic of the Philippines
November 16, 2023
(as of board presentation)
June 28, 2024
September 25, 2024
US$ 0.00 million
National Economic and Development Authority,Government Procurement Policy Board,Bureau of the Treasury,Department of Environment and Natural Resources,Public-Private Partnership Center,Bangko Sentral ng Pilipinas,Securities and Exchange Commission,Maritime Industry Authority,Department of Energy
2024
US$ 750.00 million
N/A
March 5, 2024
December 31, 2025
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 750.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 750.00 |
| 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 28, 2024 | IBRD-96890 | Loan Commitment | 750,000,000.00 |
Results Framework
No data available.