Implementation of Economic Reform and Development Program

Development Objective

The original grant agreement supported two objectives: (1) privatization of Jordan's portfolio of existing state-owned enterprises; and (2) legal and regulatory reforms to improve the legal and institutional framework for business

Key Details

Project Details

Project ID
P053834
Status
Closed
Team Leader
William Peter Mako
Borrower 2
N/A

Country
Jordan
Disclosure Date
April 30, 2003
Approval Date
(as of board presentation)
April 30, 2003
Effective Date
February 15, 1998

Total Project Cost 1
US$ 10.00 million
Implementing Agency
N/A
Region
Middle East, North Africa, Afghanistan, and Pakistan
Fiscal Year 3
2003

Commitment Amount
US$ 10.00 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2011

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. 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.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Private Sector Development

FY17 - Business Enabling Environment66%
- FY17 - Investment and Business Climate33%
- FY17 - Regulation and Competition Policy33%

FY17 - Public Sector Management

FY17 - Public Administration34%
- FY17 - State-owned Enterprise Reform and Privatization34%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Miscellaneous 1	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
Grant Amount	10.00
Total Project Cost**	10.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Counterpart Funding	Satisfactory	2011-11-08
Overall Implementation Progress (IP)	Satisfactory	2011-11-08
Progress towards achievement of PDO	Satisfactory	2011-11-08
Project Management	Satisfactory	2011-11-08
Financial Management	Satisfactory	2011-11-08
Monitoring and Evaluation	Satisfactory	2011-11-08
Overall	Low	2011-11-08
Procurement	Satisfactory	2011-11-08

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2012
Outcomes	Substantial
Risk to Development Outcome	Negligible
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Substantial
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 04-08-2013	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome	Negligible To Low	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Satisfactory	N/a
Implementing Agency	Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Negligible	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Not applicable -- this is a trust fund. There was no PAD and no expectation at the outset that this trust fund would follow the same framework and processes as a project Value
Date
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Not applicable to trust fund Value
Date
Comment

Not applicable -- this is a trust fund. There was no PAD and no expectation at the outset that this trust fund would follow the same framework and processes as a project	Value
	Date
	Comment