World Bank Group

03/05/2021 | Press release | Archived content

Additional Financing for COVID-19 Response under the Third Municipal Development Project

  • Abstract
  • Key Details
  • Finances
  • Ratings
  • Results

Development Objective

The project development objective (PDO) is to enhance the institutional capacity of municipalities in the West Bank and Gaza for mor e accountable and sustainable service delivery.

Key Details

Project Details

  • Project ID

    P174781

  • Status

    Active

  • Team Leader

    Christopher T. Pablo

  • Borrower

    Palestine Liberation Organization (For The Benefit of the Palestinian Authority)

  • Country

    West Bank and Gaza

  • Approval Date

    (as of board presentation)

    March 5, 2021

  • Total Project Cost

    US$ 53.44 million

  • Implementing Agency

    Municipal Development Lending Fund (MDLF)

  • Last Update Date

    February 21, 2021

  • Closing Date

    N/A

  • Associated Projects

    P159258

  • Footnotes

    * Theme Classification did not exist at the time project was approved

    ** Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show commitment at Board approval. It does not reflect any cancellations.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.

    *** Borrower refers to the Borrower of a Loan or Recipient of a Grant

Sectors

No data available.

Themes

No data available.

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Germany: Kreditanstalt Fur Wiederaufbau (Kfw) 15.73
Special Financing 15.00
France: Govt. Of [Mofa And Afd (C2d)] 12.71
Partnership For Intrastructure Development Mdtf 10.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument Investment Project Financing
Grant Amount 15.00
Total Project Cost** 53.44

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2021

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

Detailed Financial Activity as of February 28, 2021

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No data available.
Period Financier Transaction Type Amount (US$)
Footnotes

*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.

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.