Federated States of Micronesia Strategic Climate-Oriented Road Enhancements

Project Details

• Project ID

  P177073

• Status

  Active

• Team Leader

  Anita Shrestha,Sean David Michaels

• Borrower 2

  Federated States of Micronesia

• Country

  Micronesia, Federated States of

• Approval Date

  (as of board presentation)

  March 25, 2022

• Total Project Cost 1

  US$ 0.00 million

• Implementing Agency

  Department of Transportation, Communications & Infrastructure

• Region

  East Asia and Pacific

• Fiscal Year 3

  2022

• Commitment Amount

  US$ 35.25 million

• Environmental and Social Risk

  Substantial

• Last Update Date

  March 1, 2022

• Closing Date

  August 31, 2028

• Notes

  1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

  2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.

  3. "Fiscal Year" is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2022

Detailed Financial Activity as of February 28, 2022

*The financial data in this block are updated on a monthly basis. For more information on World Bank lending by country please visit the Country Lending Summaries.

** Principal refers to the original US dollar amount of the loan, credit, or grant that was committed and approved. Disbursements represent increases in the balance outstanding due to payments made to borrowers, as well as capitalized charges (such as loan origination fees on IBRD loans). Repayments refer to the total principal amount paid or prepaid to IBRD or IDA in US dollars, calculated at the exchange rate on the value date of the individual repayment. Repayments include payments made by borrowers, debt relief provided by IDA, and payments made by third parties on behalf of the borrowers. The disbursed amount less the repaid amount, for loans and credits, may not equal the loan or credit balance outstanding due to exchange rate movements.

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS