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Dominica: Strengthening Fiscal and Climate Resilience DPC

Abstract*

This Development Policy Credit (DPC), amounting to US 24 million dollars (SDR 18.5 million), is the first of a programmatic series of two operations that seek to (i) strengthen Dominica’s domestic revenue mobilization and financial sector resilience and (ii) promote biodiversity and disaster preparedness. The first pillar aims to mobilize domestic revenue and enhance financial sector resilience. Key reforms under this pillar include raising excise...

* 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 operation aims to support the Commonwealth of Dominica in (i) strengthening domestic revenue mobilization and financial sector resilience; and (ii) promoting biodiversity and disaster preparedness.

Key Details

Project Details

  • P508114

  • Active

  • Hulya Ulku

  • Commonwealth of Dominica

  • Dominica

  • December 2, 2024

  • (as of board presentation)

    April 2, 2025

  • N/A

  • US$ 0.00 million

  • Ministry of Finance, Economic Development, Climate Resilience and Social Security

  • Latin America and Caribbean

  • 2025

  • US$ 24.00 million

  • N/A

  • Not Applicable

  • June 30, 2026

  • BANK APPROVED

  • April 2, 2025

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 24.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 24.00
IBRD + IDA Commitment 24.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.