Amount Disbursed at Restructuring in US$, millions
Reason for Restructuring & Key Changes Made
DO
IP
10/14/2012
MU
MU
43.4
Changes were made to increase the percentage of expenditures to be financed under the loan from 70% to 90%, reallocate the loan proceeds among categories of expenditures, and as amend Schedule 4, Section III-I of the Loan Agreement based on the revised procurement plan, to identify the number of contracts subject to the World Bank’s prior review.
3/20/2014
MS
MS
65.99
Extend the loan closing date and reallocate loan proceeds among different categories of expenditures. Improvement of the Results Framework.
01/17/2016
MS
MS
101.96
Reallocation of the loan proceeds among different categories of expenditures to help finance procurement of emergency pumps and spare parts for large pumping stations to ensure sustainability of investments under the project.