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Institutional Strengthening for Greater Competitiveness in Uruguay

Abstract*

The project will support strategic development of institutional capacity and analytic tools to improve Ministry of Finance´s systems, including strengthening climate change governance mechanisms, promoting the use of data for evidence-based decision making, and improving business climate and competitiveness, strengthening market institutions.

* 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

To strengthen the Ministry of Economy and Finance's institutional capacity in areas related to data analytics, climate change governance, and market institutions.

Key Details

Project Details

  • P180638

  • Active

  • Silvana Kostenbaum , Daniel Ortiz del Salto

  • Oriental Republic of Uruguay

  • Uruguay

  • October 12, 2023

  • (as of board presentation)

    November 21, 2023

  • March 21, 2024

  • US$ 16.00 million

  • N/A

  • Low

  • March 30, 2029

  • Yes

  • BANK APPROVED

  • May 17, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 16.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 16.00
IDA Commitment N/A
IBRD + IDA Commitment 16.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 25.10

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 21, 2023 IBRD-96150 Loan Commitment 16,000,000.00
Jul 15, 2024 IBRD-96150 Int Charges 12,720.55
Mar 21, 2024 IBRD-96150 Fee Charges 40,000.00
Mar 21, 2024 IBRD-96150 Loan Disb 40,000.00
Jun 7, 2024 IBRD-96150 Loan Disb 17,641.54
Apr 4, 2024 IBRD-96150 Loan Disb 200,000.00
Jul 15, 2024 IBRD-96150 Int Charges 4,393.24

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Satisfactory 2025-02-10
Project Management Satisfactory 2025-02-10
Procurement Satisfactory 2025-02-10
Progress towards achievement of PDO Satisfactory 2025-02-10
Financial Management Satisfactory 2025-02-10
Monitoring and Evaluation Satisfactory 2025-02-10

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.