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Business Environment Strengthening Technical Assistance (BESTAP)

Abstract*

The objective of the Project is to support capacity development and investment climate reforms in order to accelerate economic growth. This project is one instrument by which the Bank seeks to achieve an improved climate for private business. This will be done by reducing the regulatory burden and costs of doing business; improving service delivery to the private sector; access to finance for SMEs; and by strengthening support for technical and business...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve the ease of doing business processes in Malawi in order to increase foreign and domestic private sector investment in the economy.

Key Details

Project Details

  • P103773

  • Closed

  • Brian Mtonya

  • N/A

  • Malawi

  • February 15, 2007

  • (as of board presentation)

    May 24, 2007

  • October 10, 2007

  • US$ 18.70 million

  • C

  • Not Applicable

  • December 31, 2012

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 15.00
EUROPARTNERS BANK 3.70

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 15.00
IBRD + IDA Commitment 15.00
Lending Instrument
Grant Amount 3.70
Total Project Cost** 18.70

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 24, 2007 IDA-H2930 Loan Commitment 15,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Satisfactory 2013-01-06
Overall Moderately Low 2013-01-06
Overall Implementation Progress (IP) Moderately Satisfactory 2013-01-06
Progress towards achievement of PDO Moderately Satisfactory 2013-01-06
Counterpart Funding Satisfactory 2013-01-06
Project Management Satisfactory 2013-01-06
Financial Management Satisfactory 2013-01-06
Monitoring and Evaluation Satisfactory 2013-01-06

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-28-2013
OutcomesModerately Satisfactory
Risk to Development OutcomeModest
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Unsatisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-20-2014PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyModerately SatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Reduction of costs to formally start a business by end of projectValue134.7%83.770%
    DateJuly 31, 2007June 30, 2012July 31, 2012
    CommentFrom 2007 Doing Business ReportThis figure is from 2013 Doing Business Report. This figure is substantial reduction from 134.7 baseline although slightly shortof70% end target.
  • Growth of turnover in firms accessing Business Growth Scheme(BUGS)Value0%20%
    DateJuly 31, 2007November 4, 2011July 31, 2012
    CommentA consultant is in the process of being engaged and work is due to start in April, 2011 to do a study to establish this indicator.A similar study is expected to be done towards the end of the project to establish end target.

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Legislative backlog of laws impacting cost of doing business reduced from 40 to 22 Bills by mid term review and cleared by end of projectValue401022
    DateJuly 31, 2007June 30, 2012July 31, 2012
    CommentTremendous progress has been achieved on backlog and laws that been reviewed and submitted, mostly due to legaldraftsperson/consultant engaged by BESTAP who works on reviews on a full time basis
  • Reduction in time taken to settle commercial disputes.Value337 calendar days96<180 calendar days
    DateJuly 31, 2007June 30, 2012July 31, 2012
    CommentThe Commercial Court has made substantial progress from the 337 days it used to take when the project started.
  • Reduction in time taken to formally start a business.Value37 days3910 days
    DateJuly 31, 2007June 30, 2012July 31, 2012
    CommentAccording to the DB Report, this indicator has not improved. The expectation is that computerization and systems improvement beingcarried out at business registry will have significant impact on this indicator as well as new Single Business License Bill.
  • Reduction in time taken to register property title.Value118 calendar days6960 calendar days
    DateJuly 31, 2007June 30, 2012July 31, 2012
    CommentThere has a deterioration since the previous year. The City of Blantyre but not at national level. Automation of lands registrytobe carried out in 2011 should be positive impact in reduction in time.
  • Reduction of time taken to obtain licences and permits.Value185 calendar days200 calendar days30 calendar days
    DateJuly 31, 2007November 4, 2011July 31, 2012
    CommentThis indicator has not changed according to the 2012 DB Report. Working with the IFC under BESTAP, a mapping study of obtaininglicenses in Malawi was carried out in 2010 and recommendations are being implemented led by Commissioner of Physical Planning.
  • Reduction of turnover in firms accessing Business Growth Scheme (BUGS).Value0%n/a20%
    DateJuly 31, 2007November 4, 2011July 31, 2012
    CommentA consultant is in the process of being engaged and work is due to start in April, 2011 to do a study to establish this indicator.
  • Volume of Bank Support: Institutional Development - SMEValue0.00163040.001800000.00
    DateAugust 10, 2007November 4, 2011December 31, 2012
    CommentData gathered from retrofit exercise