Chongqing-Dadukou Fiscal Sustainability DPO (WB-P157404)

Countries
  • China
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
Closed
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 10, 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
PEOPLE'S REPUBLIC OF CHINA
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
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.
Loan 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 Jan 31, 2019

Disclosed by Bank Apr 19, 2015


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Project Description

According to bank documents, the project supports Chongqing- Dadukou District Government to ensure its fiscal sustainability by developing a forward-looking, comprehensive and transparent public finance regime that integrates budget, public investment and debt management. The three pillars of the DPF are (a) Fiscal Sustainability, (b) Capital Financing Plan, and (c) Transparency.

Investment Description
  • World Bank (WB)
Contact Information
Mr. John Litwack
Lead Economist, GMFDR
Tel: 010-5861 7650
Fax: 010-5861 7800
Email: jlitwack@worldbank.org

Ms. Min Zhao
Senior Economist, GGODR
Tel: 010-5861 7656
Fax: 010-5861 7800
Email: mzhao1@worldbank.org 

Borrower/Client: Government of People’s Republic of China
Mr. Licheng Yao
Director, IFI Div. I, International Economic and Financial Cooperation Department
Ministry of Finance
Tel: 010-6855 2471
Email: yaolicheng@sina.com

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.