Serbia Public Expenditure and Public Utilities DPL 1 (WB-P155694)

Countries
  • Serbia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 18, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Finance
  • Law and Government
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 20, 2017

Disclosed by Bank Nov 25, 2015


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Project Description
This project finances improvements in public expenditure management through strengthened public financial management and public administration reform, as well as improvements in the financial sustainability and efficiency of both the energy and transport sector public enterprises.
Investment Description
  • World Bank (WB)
Contact Information
World Bank Contact: Ashley D. Taylor Title: Senior Economist Tel: +1 202 4736682 Email: ataylor2@worldbank.org Location: Washington DC (IBRD) Contact: Claudia Vasquez Title: Senior Energy Economist Tel: +1 202 4582720 Email: cvasquez@worldbank.org Location: Washington DC (IBRD) Borrower Contact: Nenad Mijailovic Title: State Secretary, Ministry of Finance Tel: +38 1113613245 Email: nenad.mijailovic@mfin.gov.rs ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.