Financier | Commitments |
---|---|
IDA Grant | 15.00 |
EUROPARTNERS BANK | 3.70 |
P103773
Closed
Brian Mtonya
N/A
February 15, 2007
(as of board presentation)
May 24, 2007
October 10, 2007
US$ 18.70 million
N/A
2007
US$ 18.70 million
C
Not Applicable
December 31, 2012
BANK APPROVED
January 15, 2013
Financier | Commitments |
---|---|
IDA Grant | 15.00 |
EUROPARTNERS BANK | 3.70 |
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 |
Period | Financier | Transaction Type | Amount (US$) |
---|---|---|---|
May 24, 2007 | IDA-H2930 | Loan Commitment | 15,000,000.00 |
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 |
INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-28-2013 |
---|---|
Outcomes | Moderately Satisfactory |
Risk to Development Outcome | Modest |
Bank Performance | Moderately Satisfactory |
Borrower Performance | Moderately Satisfactory |
Government Performance | Moderately Unsatisfactory |
Implementing Agency | Moderately Satisfactory |
INDICATOR | ICR REVIEW: 06-20-2014 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
---|---|---|
Outcome Rating | Moderately Unsatisfactory | N/a |
Risk To Development Outcome | Moderate | N/a |
Bank Performance | Moderately Unsatisfactory | N/a |
Borrower Performance | Moderately Satisfactory | N/a |
Government Performance | Moderately Unsatisfactory | N/a |
Implementing Agency | Moderately Satisfactory | N/a |
Icr Quality | Satisfactory | N/a |
M&e Quality | Modest | N/a |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
Reduction of costs to formally start a business by end of project | Value | 134.7% | 83.7 | 70% |
Date | July 31, 2007 | June 30, 2012 | July 31, 2012 | |
Comment | From 2007 Doing Business Report | This 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) | Value | 0% | 20% | |
Date | July 31, 2007 | November 4, 2011 | July 31, 2012 | |
Comment | A 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. |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
Legislative backlog of laws impacting cost of doing business reduced from 40 to 22 Bills by mid term review and cleared by end of project | Value | 40 | 10 | 22 |
Date | July 31, 2007 | June 30, 2012 | July 31, 2012 | |
Comment | Tremendous 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. | Value | 337 calendar days | 96 | <180 calendar days |
Date | July 31, 2007 | June 30, 2012 | July 31, 2012 | |
Comment | The 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. | Value | 37 days | 39 | 10 days |
Date | July 31, 2007 | June 30, 2012 | July 31, 2012 | |
Comment | According 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. | Value | 118 calendar days | 69 | 60 calendar days |
Date | July 31, 2007 | June 30, 2012 | July 31, 2012 | |
Comment | There 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. | Value | 185 calendar days | 200 calendar days | 30 calendar days |
Date | July 31, 2007 | November 4, 2011 | July 31, 2012 | |
Comment | This 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). | Value | 0% | n/a | 20% |
Date | July 31, 2007 | November 4, 2011 | July 31, 2012 | |
Comment | A 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 - SME | Value | 0.00 | 163040.00 | 1800000.00 |
Date | August 10, 2007 | November 4, 2011 | December 31, 2012 | |
Comment | Data gathered from retrofit exercise |