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[CAPITAL INFLUX]RAW INTERCEPT / sig-5556b09a

IDA approved a US$50M additional credit to Malawi's Shire Valley Transformation Program Phase 2 (P176575), lifting total program financing to US$285M across six components with no vendor named.

The World Bank approved US$50M in additional IDA credit for the Shire Valley Transformation Program Phase 2 (P176575), bringing total financing to US$285M across irrigation, land tenure, and agricultural commercialization components with no vendor identified.

MAGNITUDE

MAG-6

CONFIDENCE

72%

RECEIVED

8 days ago

INTERCEPT READOUT

Total Financing 235.00 50.00 285.00 Of which IBRD/IDA 134.00 50.00 184.00 Financing Gap 50.00 -50.00 0.00 ... International Development Association (IDA) 134.00 50.00 184.00 IDA Credit 134.00 50.00 184.00

TARGET STATE
Government of Malawi project implementation unit, newly capitalized with a US$50M additional IDA credit and US$285M total program budget; the financing gap has been closed from US$50M to US$0, and procurement for the irrigation infrastructure and agriculture commercialization components is not yet awarded.
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