| Financier | Commitments |
|---|---|
| IDA Credit | 1.90 |
| Borrower/Recipient | 0.25 |
| EC: European Commission | 0.65 |
GD TAC
Abstract*
The Grenada Technical Assistance Project development objectives are to: (i) improve the efficiency and effectiveness of Customs, (ii) improve the efficiency of tax administration and decrease transaction costs of paying taxes and consequently increase tax compliance, (iii) modernize investment promotion, and, (iv) enhance the Government's support to the export sector through improve access to trade information and the strengthening the capacity of... Show More
Development Objective
The project development objectives are (i) to improve the efficiency and effectiveness of Customs; (ii) to improve the efficiency of tax administration and decrease transaction costs of paying taxes and consequently increase tax compliance; (iii) to enhance the Government's support for exports through improving access to trade information and the strengthening the capacity of the Bureau of Standards to provide conformity assessment and quality assurance; and (iv) to modernize investment promotion.
Key Details
Project Details
P101322
Closed
Kathy Lalazarian
N/A
Grenada
May 14, 2007
(as of board presentation)
March 13, 2008
January 29, 2009
US$ 2.80 million
N/A
2008
US$ 2.55 million
C
Not Applicable
June 30, 2012
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 1.90 |
| IBRD + IDA Commitment | 1.90 |
| Lending Instrument | |
|---|---|
| Grant Amount | 0.65 |
| Total Project Cost** | 2.80 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Oct 15, 2014 | IDA-44000 | Int Charges | 6,205.40 |
| Oct 15, 2014 | IDA-44000 | Int Charges | 50.32 |
| Apr 15, 2019 | IDA-44000 | Int Charges | 260.01 |
| Apr 15, 2019 | IDA-44000 | Loan Repay | 19,377.15 |
| Apr 15, 2019 | IDA-44000 | Int Charges | 5,596.09 |
| Apr 15, 2019 | IDA-44000 | Int Charges | 5,596.09 |
| Oct 15, 2019 | IDA-44000 | Loan Repay | 19,101.51 |
| Oct 15, 2019 | IDA-44000 | Int Charges | 5,515.57 |
| Oct 15, 2019 | IDA-44000 | Int Charges | 5,515.57 |
| Oct 15, 2018 | IDA-44000 | Loan Repay | 75.64 |
| Oct 15, 2018 | IDA-44000 | Loan Repay | 19,403.79 |
| Oct 15, 2018 | IDA-44000 | Int Charges | 5,509.36 |
| Oct 15, 2018 | IDA-44000 | Int Charges | 5,509.36 |
| Oct 15, 2017 | IDA-44000 | Int Charges | 37.80 |
| Oct 15, 2017 | IDA-44000 | Int Charges | 37.80 |
| Oct 15, 2017 | IDA-44000 | Int Charges | 5,883.39 |
| Oct 15, 2017 | IDA-44000 | Int Charges | 5,883.39 |
| Apr 15, 2018 | IDA-44000 | Int Charges | 32.04 |
| Apr 15, 2018 | IDA-44000 | Int Charges | 32.04 |
| Apr 15, 2018 | IDA-44000 | Loan Repay | 20,267.75 |
| Apr 15, 2018 | IDA-44000 | Int Charges | 6,080.32 |
| Apr 15, 2018 | IDA-44000 | Int Charges | 6,080.32 |
| Apr 15, 2017 | IDA-44000 | Int Charges | 5,572.62 |
| Apr 15, 2017 | IDA-44000 | Int Charges | 70.77 |
| Apr 15, 2017 | IDA-44000 | Int Charges | 70.77 |
| Apr 15, 2017 | IDA-44000 | Int Charges | 5,572.62 |
| Apr 15, 2016 | IDA-44000 | Int Charges | 59.18 |
| Apr 15, 2021 | IDA-44000 | Int Charges | 33.26 |
| Apr 15, 2021 | IDA-44000 | Int Charges | 33.26 |
| Apr 15, 2021 | IDA-44000 | Loan Repay | 19,907.94 |
| Apr 15, 2021 | IDA-44000 | Int Charges | 5,524.48 |
| Apr 15, 2021 | IDA-44000 | Int Charges | 5,524.48 |
| Oct 15, 2021 | IDA-44000 | Loan Repay | 19,458.36 |
| Oct 15, 2021 | IDA-44000 | Int Charges | 5,386.04 |
| Oct 15, 2021 | IDA-44000 | Int Charges | 5,386.04 |
| Oct 15, 2021 | IDA-44000 | Loan Repay | 216.58 |
| Oct 15, 2020 | IDA-44000 | Int Charges | 2.05 |
| Oct 15, 2020 | IDA-44000 | Int Charges | 2.05 |
| Oct 15, 2020 | IDA-44000 | Int Charges | 5,499.31 |
| Oct 15, 2020 | IDA-44000 | Int Charges | 5,499.31 |
| Oct 15, 2020 | IDA-44000 | Loan Repay | 65.23 |
| Oct 15, 2020 | IDA-44000 | Loan Repay | 19,604.70 |
| Oct 15, 2019 | IDA-44000 | Int Charges | 70.69 |
| Oct 15, 2019 | IDA-44000 | Int Charges | 70.69 |
| Apr 15, 2020 | IDA-44000 | Loan Repay | 65.91 |
| Apr 20, 2020 | IDA-44000 | Loan Repay | 18,939.99 |
| Apr 20, 2020 | IDA-44000 | Int Charges | 5,416.68 |
| Apr 20, 2020 | IDA-44000 | Int Charges | 5,416.68 |
| Apr 15, 2019 | IDA-44000 | Int Charges | 260.01 |
| Apr 15, 2024 | IDA-44000 | Loan Repay | 17,945.52 |
| Apr 15, 2024 | IDA-44000 | Loan Repay | 398.47 |
| Apr 15, 2024 | IDA-44000 | Int Charges | 4,677.72 |
| Apr 15, 2024 | IDA-44000 | Int Charges | 4,677.72 |
| Mar 13, 2008 | IDA-44000 | Loan Commitment | 1,860,000.00 |
| Oct 15, 2023 | IDA-44000 | Int Charges | 292.78 |
| Oct 15, 2023 | IDA-44000 | Int Charges | 292.78 |
| Oct 15, 2023 | IDA-44000 | Loan Repay | 18,254.10 |
| Oct 15, 2023 | IDA-44000 | Int Charges | 4,723.26 |
| Oct 15, 2023 | IDA-44000 | Int Charges | 4,723.26 |
| Oct 15, 2022 | IDA-44000 | Loan Repay | 609.52 |
| Oct 15, 2022 | IDA-44000 | Loan Repay | 17,178.87 |
| Oct 15, 2022 | IDA-44000 | Int Charges | 4,736.17 |
| Oct 15, 2022 | IDA-44000 | Int Charges | 4,736.17 |
| Apr 15, 2023 | IDA-44000 | Loan Repay | 18,102.10 |
| Apr 15, 2023 | IDA-44000 | Int Charges | 4,652.35 |
| Apr 15, 2023 | IDA-44000 | Int Charges | 4,652.35 |
| Apr 15, 2023 | IDA-44000 | Loan Repay | 774.49 |
| Apr 15, 2022 | IDA-44000 | Loan Repay | 18,890.82 |
| Apr 15, 2022 | IDA-44000 | Int Charges | 5,141.13 |
| Apr 15, 2022 | IDA-44000 | Int Charges | 5,141.13 |
| Apr 15, 2022 | IDA-44000 | Loan Repay | 150.34 |
| Oct 15, 2013 | IDA-44000 | Int Charges | 53.38 |
| Oct 15, 2013 | IDA-44000 | Int Charges | 53.38 |
| Nov 18, 2013 | IDA-44000 | Int Charges | 6,293.37 |
| Nov 18, 2013 | IDA-44000 | Int Charges | 6,293.37 |
| Apr 15, 2016 | IDA-44000 | Int Charges | 59.18 |
| Apr 15, 2016 | IDA-44000 | Int Charges | 5,876.18 |
| Apr 15, 2016 | IDA-44000 | Int Charges | 5,876.18 |
| Oct 15, 2016 | IDA-44000 | Int Charges | 0.97 |
| Oct 15, 2016 | IDA-44000 | Int Charges | 0.97 |
| Oct 15, 2016 | IDA-44000 | Int Charges | 5,762.55 |
| Oct 15, 2016 | IDA-44000 | Int Charges | 5,762.55 |
| Apr 16, 2015 | IDA-44000 | Int Charges | 5,581.05 |
| Apr 16, 2015 | IDA-44000 | Int Charges | 5,581.05 |
| Apr 15, 2015 | IDA-44000 | Int Charges | 188.43 |
| Apr 15, 2015 | IDA-44000 | Int Charges | 188.43 |
| Oct 15, 2015 | IDA-44000 | Int Charges | 148.13 |
| Oct 15, 2015 | IDA-44000 | Int Charges | 148.13 |
| Oct 15, 2015 | IDA-44000 | Int Charges | 5,719.90 |
| Oct 15, 2015 | IDA-44000 | Int Charges | 5,719.90 |
| May 6, 2014 | IDA-44000 | Int Charges | 54.45 |
| May 6, 2014 | IDA-44000 | Int Charges | 54.45 |
| May 6, 2014 | IDA-44000 | Int Charges | 6,454.85 |
| May 6, 2014 | IDA-44000 | Int Charges | 6,454.85 |
| Oct 15, 2014 | IDA-44000 | Int Charges | 50.32 |
| Oct 15, 2014 | IDA-44000 | Int Charges | 6,205.40 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2012-06-30 |
| Financial Management | Moderately Satisfactory | 2012-06-30 |
| Monitoring and Evaluation | Moderately Satisfactory | 2012-06-30 |
| Overall Implementation Progress (IP) | Satisfactory | 2012-06-30 |
| Procurement | Moderately Satisfactory | 2012-06-30 |
| Project Management | Satisfactory | 2012-06-30 |
| Counterpart Funding | Moderately Satisfactory | 2012-06-30 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-19-2012 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | Modest |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | Moderately Satisfactory |
| Government Performance | Moderately Satisfactory |
| Implementing Agency | Moderately Satisfactory |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 05-15-2013 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | Negligible To Low | N/a |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Moderately Satisfactory | N/a |
| Implementing Agency | Moderately Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Time taken to pay all taxes Value 140 Hours 140 hours 100 Hours Date April 30, 2011 January 5, 2012 June 30, 2012 Comment Improved Client perception of Customs Operation Value 3.25 overall mean score for perception and SERVQUA Data not yet available. Improved ranking over base-line on client survey Date April 30, 2011 April 30, 2012 June 30, 2012 Comment SERVQUAL score is the gap between customer expectation and perception and the desirable margin is minus 0.5 and tolerancethresholdis minus 1.0 The average time for cutoms clearance reduced from 4 days to 1.5 days Value 4.00 0.00 1.50 Date February 1, 2008 April 30, 2012 June 30, 2012 Comment Data not yet available. % of non-filer in the corporate tax category reduced from 59% to 20% Value 59.00 56.00 20.00 Date February 1, 2008 April 30, 2012 June 30, 2012 Comment Data for 2010. Awaiting filling of year 2011 (ended in March 2012 and will be provided before the end of June) Improved investors perception of service delivery from GIDC Value 3.685 mean score for client perception of quality Survey results not yet available. Improvement over base-line on client survey Date April 30, 2011 April 30, 2012 June 30, 2012 Comment Number of days to process investment consents from 215 days to 70 days Value 215.00 0.00 70.00 Date February 1, 2008 April 30, 2012 June 30, 2012 Comment FIAS Diagnostic Review 2004 Data collected and awaiting analysis Increased access to trade information Value Yes Yes Date April 30, 2011 April 30, 2012 June 30, 2012 Comment Baseline Survey determined that index is 0.51 (out of possible 1.0) in determining ease of access to trade and export informationfor exporters and potential exporters Survey results not yet available. Improvement over base-line Improved client perception of service delivery from the Bureau of Standards Value 3.592 mean score for perception of quality of serv Improvement over base-line on client survey Date April 30, 2011 January 5, 2012 June 30, 2012 Comment Baseline just established GDBS has conducted a series of workshops and open house for clients, this has improved awareness of the services that GDBS isproviding. Rate of conformity assessments and number of quality assurance certificates for exports Value No assessments 100% 95% response for conformity assessments. Date February 1, 2008 April 30, 2012 June 30, 2012 Comment • 20 certificates were issued for rum and food exports for the last 12 months. This figure was given as an approximate figure bythe Bureau of Standards since not all exporters declare whether they are using the certificate for export or for localmarket.• For the last 12 months , there were no complaints regarding rejections of export certificates.Therefore rate ofconformity assessment is 100% based on information at hand. Improved client perception of tax administration Value 3.322 overall mean score for perception of quality Survey results not yet available. Improved ranking over baseline Date April 30, 2011 April 30, 2012 June 30, 2012 Comment SERVQUAL score measures the gap between customer perception and expectation
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
The number of Customs officers trained in classification and valuation and deployed Value No capacity in customs Achieved. A total of 50 officers trained. Date February 1, 2008 April 30, 2012 June 30, 2012 Comment The number of professional field auditors in Customs increased from zero to 8 Value 0.00 0.00 8.00 Date February 1, 2008 April 30, 2012 June 30, 2012 Comment Thirteen (13) officers were trained in Post Clearance Audit systems and procedures. These persons are not certified.accountants.The consultancy was completed at the end of May. Update on capacity will be provided before end of June Customs IT upgraded from ASYCUDA 2.7 to ASYCUDA World Value No No Yes Date February 1, 2008 April 30, 2012 June 30, 2012 Comment Currently operation ASYCUDA 2.7 installed in 1999 Implementation in progress. Customs IT upgraded to ASYCUDA World in all agencies involved in customs clearance. Planning and Monitoring Unit established and preparing corportate plan Value no substantial planning and monitoring capacity Planning and Monitoring Unit fully functional and Date February 1, 2008 January 5, 2012 June 30, 2012 Comment On the planning unit establishment, the mission was informed that the consultancy has recommended the creation of the unitcomprising three staff positions (Strategic Planning Manager, Strategic Planning Officer, and a Legal Counsel) The IRD has agreedon the recommendations by including the planning unit in the draft budget 2012. National Investment Strategy completed is adopted and being implemented Value No National Investment Promotion Strategy Strategy adopted by Cabinet. Implementation of str NIPS under implementation Date February 1, 2008 April 30, 2012 June 30, 2012 Comment Businesss model and process for investment approvals clearly established in relevant agencies supported by the investment network. Value No explicit business model or investment network i An investment facilitation manual was developed.T Establishment of investment facilitation network t Date February 1, 2008 April 30, 2012 June 30, 2012 Comment The percentage of consignments subject to physical examination reduced from 60% to 30% Value 60.00 39.00 30.00 Date February 1, 2008 January 5, 2012 June 30, 2012 Comment Report from the Association of Customs Brokers, Inc. from January 20, 2011 indicates the value fulfilled. A condition under theEUbudget support second tranche that had a target of 40% by December 2010 accepted this report as evidence of completion. Time taken to pay all taxes Value 140 hours 140 hours 100 hours Date February 1, 2008 April 30, 2012 June 30, 2012 Comment The Doing Business Report 2013 will not be released before the end of the GDTAC Project. According to the Doing Business Report2012, it takes 140 hours to pay taxes. Starting a businesss Value 90 days 15 days 12 days Date February 1, 2008 January 5, 2012 June 30, 2012 Comment Time to start a business has been reduced to 15 days (Doing Business 2011) Capactiy within the Bureau of standards to provide quality assurance certification for rum and food exports Value No equipment and personnel capacity Equipment installed and operational (except the di All exports, for which compulsory standards exist, Date February 1, 2008 April 30, 2012 June 30, 2012 Comment • 20 quality assurance certificates issued for rum and food exports. This accounts for 12 % of all certificates produced withinthelast 12 months.• Equipment installed and operational with the exception of a distillation unit. A component of this unitarrived broken and has to be replaced. • Additional training on Gas Chromatography/ Mass Spectrometer is being provided bysuppliers during the week of April 10th. Technical skills at the Grenada Bureau of Standards testing and calibration laboratories and other public and private sector laboratory increased Value Limited Other Labs. 15 Officers from the public and privat Date February 1, 2008 April 30, 2012 June 30, 2012 Comment • Two (2) persons trained in Materials Testing• Eight (8) persons trained in microbiology and conformity assessmentprocedures• Nine (9) persons trained in quality management systems Number of days to process the investment applications reduced from 90 days to 21 days Value 90.00 30.00 21.00 Date February 1, 2008 April 30, 2012 June 30, 2012 Comment As of April 5, 2012, the GIDC records indicated that it takes on average of 6 weeks (30 working days) to process investmentapplications/ consents. This figure reflects data for the last 12 months. The indicator will be revisited for investmentapplication given between April and June 2012.