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North Macedonia Sustainability and Resilience DPO

Abstract*

The development objective of the Sustainability and Resilience Development Policy Operation Program is to support energy and financial sector climate transition, strengthen the sustainability of public finances, and safeguard financial sector stability. The EUR93.8 million stand-alone Sustainability and Resilience Development Policy Operation (DPO) supports North Macedonia’s efforts in energy and financial sector climate transition, strengthening...

* 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 the operation is to support energy and financial sector climate transition, strengthen the sustainability of public finances, and safeguard financial sector stability.

Key Details

Project Details

  • P180587

  • Closed

  • Sanja Madzarevic-Sujster

  • The Republic of North Macedonia

  • North Macedonia

  • September 19, 2023

  • (as of board presentation)

    December 15, 2023

  • December 18, 2023

  • US$ 0.00 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2024

  • US$ 100.00 million

  • N/A

  • May 16, 2023

  • June 30, 2024

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 100.00
IDA Commitment N/A
IBRD + IDA Commitment 100.00
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$)
Dec 15, 2023 IBRD-96230 Loan Commitment 100,000,000.00
Jun 15, 2024 IBRD-96230 Int Charges 2,148,891.00
Dec 22, 2023 IBRD-96230 Loan Disb 103,165,320.00
Dec 18, 2023 IBRD-96230 Loan Disb 255,874.69
Dec 18, 2023 IBRD-96230 Fee Charges 255,874.69

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2024-10-31
Progress towards achievement of PDO Moderately Satisfactory 2024-10-31
Overall Implementation Progress (IP) Moderately Satisfactory 2024-10-31
Program Management Satisfactory 2024-10-31

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.