Mauritius Third Development Policy Loan

Abstract*

The Third Trade and Competitiveness Development Policy Loan with Deferred Option Program in Mauritius supports reforms which respond to two major challenges: (i) the "triple trade shock" of trade preference erosion and high oil prices; and (ii) the transition from low wage, low skill sugar and apparel exporter to innovative, knowledge and skill based services economy. The operation also provides added resources for the Government to weather the current... Show More

Development Objective

The operation supports reforms which respond to two major challenges: (i) the â??triple trade shockâ?� of trade preference erosion and high oil prices and (ii) thetransition from low wage, low skill sugar and apparel exporter to innovative, knowledge and skill based services economy.

Key Details

Project Details

Project ID
P112369
Status
Closed
Team Leader
Sawkut Rojid
Borrower 2
N/A

Country
Mauritius
Disclosure Date
February 19, 2009
Approval Date
(as of board presentation)
March 31, 2009
Effective Date
May 22, 2009

Total Project Cost 1
US$ 100.00 million
Implementing Agency
N/A
Region
Eastern and Southern Africa
Fiscal Year 3
2009

Commitment Amount
US$ 100.00 million
Environmental Category
N/A
Last Update Date
August 22, 2023
Closing Date
December 31, 2011

Last Stage Reached
BANK APPROVED
Parent Projects
P106650

Associated Projects
P116608

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 - Economic Policy

FY17 - Fiscal Policy9%
- FY17 - Fiscal sustainability9%
FY17 - Trade18%
- FY17 - Trade Facilitation18%

FY17 - Human Development and Gender

FY17 - Education20%
- FY17 - Access to Education5%
- FY17 - Science and Technology5%
- FY17 - Standards, Curriculum and Textbooks5%
- FY17 - Teachers5%

FY17 - Private Sector Development

FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration37%
- FY17 - Administrative and Civil Service Reform27%
- FY17 - Transparency, Accountability and Good Governance10%
FY17 - Public Finance Management19%
- FY17 - Debt Management9%
- FY17 - Public Expenditure Management10%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	100.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	100.00
IDA Commitment	N/A
IBRD + IDA Commitment	100.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	100.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jun 15, 2015	IBRD-76790	Int Charges	62,133.16
Jun 15, 2015	IBRD-76790	Loan Repay	2,497.50
Jun 15, 2018	IBRD-76790	Loan Repay	1,236,015.20
Dec 15, 2018	IBRD-76790	Int Charges	172.40
Dec 15, 2018	IBRD-76790	Int Charges	68,794.31
Dec 15, 2018	IBRD-76790	Loan Repay	2,132.71
Dec 15, 2018	IBRD-76790	Loan Repay	850,949.50
Dec 15, 2018	IBRD-76790	Int Charges	317.87
Dec 15, 2018	IBRD-76790	Int Charges	126,829.15
Dec 15, 2018	IBRD-76790	Loan Repay	2,926.92
Dec 15, 2018	IBRD-76790	Loan Repay	1,167,841.10
Dec 15, 2018	IBRD-76790	Loan Repay	2,522.65
Dec 15, 2018	IBRD-76790	Loan Repay	1,006,536.20
Jun 15, 2019	IBRD-76790	Loan Repay	1,175,653.80
Jun 15, 2019	IBRD-76790	Int Charges	163.89
Jun 15, 2019	IBRD-76790	Int Charges	65,398.27
Jun 15, 2019	IBRD-76790	Int Charges	154,993.50
Jun 15, 2019	IBRD-76790	Loan Repay	2,946.50
Jun 15, 2019	IBRD-76790	Loan Repay	2,128.65
Jun 15, 2019	IBRD-76790	Loan Repay	849,328.40
Jun 15, 2019	IBRD-76790	Loan Repay	2,517.84
Jun 15, 2019	IBRD-76790	Loan Repay	1,004,618.60
Jun 15, 2019	IBRD-76790	Int Charges	388.44
Dec 15, 2016	IBRD-76790	Loan Repay	1,967.36
Dec 15, 2016	IBRD-76790	Loan Repay	784,972.75
Dec 15, 2016	IBRD-76790	Loan Repay	2,327.06
Dec 15, 2016	IBRD-76790	Loan Repay	1,161,144.60
Dec 15, 2016	IBRD-76790	Int Charges	87,672.84
Dec 15, 2016	IBRD-76790	Int Charges	321.38
Jun 15, 2017	IBRD-76790	Loan Repay	841,939.00
Jun 15, 2017	IBRD-76790	Loan Repay	2,495.94
Jun 15, 2017	IBRD-76790	Loan Repay	995,878.20
Jun 15, 2017	IBRD-76790	Loan Repay	2,959.20
Jun 15, 2017	IBRD-76790	Loan Repay	1,180,722.60
Jun 15, 2017	IBRD-76790	Int Charges	265.93
Jun 15, 2017	IBRD-76790	Int Charges	106,106.50
Jun 15, 2017	IBRD-76790	Int Charges	194.96
Jun 15, 2017	IBRD-76790	Int Charges	77,775.72
Jun 15, 2017	IBRD-76790	Loan Repay	2,110.13
Dec 15, 2021	IBRD-76790	Int Charges	49,099.36
Dec 15, 2021	IBRD-76790	Loan Repay	2,129.78
Dec 15, 2021	IBRD-76790	Loan Repay	849,780.80
Dec 15, 2021	IBRD-76790	Loan Repay	2,519.18
Dec 15, 2021	IBRD-76790	Loan Repay	1,005,153.75
Dec 15, 2021	IBRD-76790	Int Charges	102.48
Dec 15, 2021	IBRD-76790	Int Charges	40,895.80
Dec 15, 2021	IBRD-76790	Loan Repay	3,091.26
Dec 15, 2021	IBRD-76790	Loan Repay	1,233,411.00
Dec 15, 2022	IBRD-76790	Int Charges	491.17
Dec 15, 2022	IBRD-76790	Int Charges	195,979.28
Dec 15, 2022	IBRD-76790	Loan Repay	2,874.82
Dec 15, 2022	IBRD-76790	Loan Repay	1,147,054.10
Dec 15, 2022	IBRD-76790	Int Charges	49.20
Dec 15, 2022	IBRD-76790	Int Charges	19,633.01
Jun 15, 2015	IBRD-76790	Loan Repay	996,502.50
Jun 15, 2015	IBRD-76790	Int Charges	75.09
Jun 15, 2015	IBRD-76790	Int Charges	29,966.14
Jun 15, 2015	IBRD-76790	Loan Repay	2,119.96
Dec 15, 2013	IBRD-76790	Int Charges	114.77
Dec 15, 2013	IBRD-76790	Int Charges	45,805.61
Dec 15, 2013	IBRD-76790	Int Charges	371.21
Dec 15, 2013	IBRD-76790	Int Charges	148,114.25
Dec 15, 2013	IBRD-76790	Int Charges	179.20
Dec 15, 2013	IBRD-76790	Int Charges	71,495.83
Oct 6, 2016	IBRD-76790	Loan Disb	-24,942,488.00
Oct 6, 2016	IBRD-76790	Loan Disb	24,942,488.00
Oct 12, 2016	IBRD-76790	Loan Disb	24,595,350.00
Oct 12, 2016	IBRD-76790	Loan Disb	-24,595,350.00
Oct 12, 2016	IBRD-76790	Loan Disb	24,595,350.00
Oct 12, 2016	IBRD-76790	Loan Disb	-62,512.50
Oct 12, 2016	IBRD-76790	Loan Disb	61,642.48
Dec 15, 2016	IBRD-76790	Int Charges	128,229.70
Dec 15, 2016	IBRD-76790	Loan Repay	2,910.14
Dec 15, 2016	IBRD-76790	Loan Repay	928,496.30
Oct 6, 2016	IBRD-76790	Loan Disb	62,512.50
Dec 15, 2016	IBRD-76790	Int Charges	2.49
Dec 15, 2016	IBRD-76790	Int Charges	998.78
Dec 15, 2016	IBRD-76790	Int Charges	66.25
Dec 15, 2016	IBRD-76790	Int Charges	26,435.83
Oct 6, 2016	IBRD-76790	Loan Disb	-62,512.50
Oct 6, 2016	IBRD-76790	Loan Disb	62,512.50
Oct 6, 2016	IBRD-76790	Loan Disb	-62,512.50
Oct 6, 2016	IBRD-76790	Loan Disb	-24,942,488.00
Dec 15, 2016	IBRD-76790	Int Charges	219.72
Dec 15, 2015	IBRD-76790	Loan Repay	3,532.86
Dec 15, 2015	IBRD-76790	Loan Repay	1,409,612.60
Dec 15, 2015	IBRD-76790	Int Charges	195.59
Dec 15, 2020	IBRD-76790	Int Charges	66,922.44
Dec 15, 2020	IBRD-76790	Loan Repay	3,118.06
Dec 15, 2020	IBRD-76790	Loan Repay	1,244,106.80
Jun 15, 2021	IBRD-76790	Loan Repay	1,080,741.00
Jun 15, 2021	IBRD-76790	Int Charges	89.23
Jun 15, 2021	IBRD-76790	Int Charges	35,601.13
Jun 15, 2021	IBRD-76790	Loan Repay	3,283.21
Jun 15, 2021	IBRD-76790	Loan Repay	1,310,002.20
Jun 15, 2021	IBRD-76790	Int Charges	141.12
Jun 15, 2021	IBRD-76790	Int Charges	56,304.01
Jun 15, 2021	IBRD-76790	Loan Repay	2,289.94
Jun 15, 2021	IBRD-76790	Loan Repay	913,684.00
Jun 15, 2021	IBRD-76790	Loan Repay	2,708.62
Jun 15, 2022	IBRD-76790	Loan Repay	2,818.65
Jun 15, 2022	IBRD-76790	Loan Repay	1,124,639.40
Jun 15, 2022	IBRD-76790	Int Charges	106.86
Jun 15, 2022	IBRD-76790	Int Charges	42,629.98
Jun 15, 2022	IBRD-76790	Loan Repay	1,980.96
Jun 15, 2022	IBRD-76790	Loan Repay	790,401.70
Jun 15, 2022	IBRD-76790	Loan Repay	2,343.15
Jun 15, 2022	IBRD-76790	Loan Repay	934,917.90
Dec 15, 2019	IBRD-76790	Int Charges	154.48
Dec 15, 2019	IBRD-76790	Int Charges	61,642.33
Dec 15, 2019	IBRD-76790	Loan Repay	2,111.83
Dec 15, 2019	IBRD-76790	Loan Repay	842,617.60
Dec 15, 2019	IBRD-76790	Loan Repay	2,497.95
Dec 15, 2019	IBRD-76790	Loan Repay	996,680.90
Dec 15, 2019	IBRD-76790	Int Charges	348.38
Dec 15, 2019	IBRD-76790	Int Charges	138,999.89
Dec 15, 2019	IBRD-76790	Loan Repay	3,120.74
Dec 15, 2019	IBRD-76790	Loan Repay	1,245,176.40
Jun 15, 2020	IBRD-76790	Loan Repay	1,163,516.40
Jun 15, 2020	IBRD-76790	Int Charges	147.31
Jun 15, 2020	IBRD-76790	Int Charges	58,776.77
Jun 15, 2020	IBRD-76790	Loan Repay	2,125.34
Jun 15, 2020	IBRD-76790	Loan Repay	848,008.90
Jun 15, 2020	IBRD-76790	Loan Repay	2,513.93
Jun 15, 2020	IBRD-76790	Loan Repay	1,003,057.90
Jun 15, 2020	IBRD-76790	Int Charges	308.41
Jun 15, 2020	IBRD-76790	Int Charges	123,058.88
Jun 15, 2020	IBRD-76790	Loan Repay	2,916.08
Dec 15, 2020	IBRD-76790	Loan Repay	2,297.88
Dec 15, 2020	IBRD-76790	Loan Repay	916,850.90
Dec 15, 2020	IBRD-76790	Loan Repay	2,718.01
Jun 15, 2018	IBRD-76790	Loan Repay	1,034,095.44
Jun 15, 2018	IBRD-76790	Int Charges	185.56
Jun 15, 2018	IBRD-76790	Int Charges	74,038.77
Jun 15, 2018	IBRD-76790	Loan Repay	2,191.11
Jun 15, 2018	IBRD-76790	Loan Repay	874,248.75
Jun 15, 2018	IBRD-76790	Int Charges	282.44
Jun 15, 2018	IBRD-76790	Int Charges	112,692.63
Jun 15, 2018	IBRD-76790	Loan Repay	3,097.78
Jun 15, 2024	IBRD-76790	Int Charges	5.53
Jun 15, 2024	IBRD-76790	Int Charges	77.95
Jun 15, 2024	IBRD-76790	Int Charges	171,914.58
Jun 15, 2024	IBRD-76790	Int Charges	31,102.62
Jun 15, 2024	IBRD-76790	Int Charges	888.21
Jun 15, 2024	IBRD-76790	Int Charges	2,209.93
Jun 15, 2024	IBRD-76790	Int Charges	354,401.25
Jun 15, 2024	IBRD-76790	Loan Repay	2,961.89
Jun 15, 2024	IBRD-76790	Loan Repay	2,021.69
Jun 15, 2024	IBRD-76790	Loan Repay	806,650.80
Jun 15, 2024	IBRD-76790	Loan Repay	2,391.32
Jun 15, 2024	IBRD-76790	Loan Repay	954,138.00
Jun 15, 2024	IBRD-76790	Int Charges	430.86
Jun 15, 2024	IBRD-76790	Loan Repay	1,181,792.10
Dec 15, 2023	IBRD-76790	Int Charges	916.96
Dec 15, 2023	IBRD-76790	Int Charges	365,858.00
Dec 15, 2023	IBRD-76790	Loan Repay	2,977.04
Dec 15, 2023	IBRD-76790	Loan Repay	1,187,837.60
Jun 15, 2023	IBRD-76790	Int Charges	16,496.18
Jun 15, 2023	IBRD-76790	Int Charges	755.19
Jun 15, 2023	IBRD-76790	Int Charges	301,335.56
Jun 15, 2023	IBRD-76790	Loan Repay	2,952.68
Jun 15, 2023	IBRD-76790	Loan Repay	1,178,118.40
Jun 15, 2023	IBRD-76790	Int Charges	94.78
Dec 15, 2023	IBRD-76790	Int Charges	16.28
Dec 15, 2023	IBRD-76790	Int Charges	186,887.55
Dec 15, 2023	IBRD-76790	Int Charges	468.40
Dec 15, 2023	IBRD-76790	Int Charges	87.91
Dec 15, 2023	IBRD-76790	Int Charges	35,069.98
Dec 15, 2023	IBRD-76790	Loan Repay	2,072.90
Dec 15, 2023	IBRD-76790	Loan Repay	827,084.80
Dec 15, 2023	IBRD-76790	Loan Repay	2,451.90
Dec 15, 2023	IBRD-76790	Loan Repay	978,308.06
Jun 15, 2022	IBRD-76790	Int Charges	126.23
Jun 15, 2022	IBRD-76790	Int Charges	50,353.59
Dec 15, 2021	IBRD-76790	Int Charges	123.07
Mar 31, 2009	IBRD-76790	Loan Commitment	30,000,000.00
Mar 31, 2009	IBRD-76790	Loan Commitment	30,000,000.00
Mar 31, 2009	IBRD-76790	Loan Commitment	40,000,000.00
Jun 15, 2023	IBRD-76790	Int Charges	37,806.64
Jun 15, 2023	IBRD-76790	Loan Repay	2,048.90
Jun 15, 2023	IBRD-76790	Loan Repay	817,508.75
Jun 15, 2023	IBRD-76790	Loan Repay	2,423.51
Jun 15, 2023	IBRD-76790	Loan Repay	966,981.10
Jun 15, 2023	IBRD-76790	Int Charges	343.92
Jun 15, 2023	IBRD-76790	Int Charges	137,226.20
Jun 15, 2023	IBRD-76790	Int Charges	41.36
Dec 15, 2023	IBRD-76790	Int Charges	6,493.90
Dec 15, 2017	IBRD-76790	Int Charges	241.60
Dec 15, 2017	IBRD-76790	Int Charges	96,394.07
Dec 15, 2017	IBRD-76790	Loan Repay	3,122.84
Dec 15, 2017	IBRD-76790	Loan Repay	1,246,013.50
Dec 15, 2017	IBRD-76790	Int Charges	197.37
Dec 15, 2017	IBRD-76790	Int Charges	78,764.70
Dec 15, 2017	IBRD-76790	Loan Repay	2,229.75
Dec 15, 2017	IBRD-76790	Loan Repay	889,668.50
Dec 15, 2017	IBRD-76790	Loan Repay	2,637.43
Dec 15, 2017	IBRD-76790	Loan Repay	1,052,334.50
Jun 15, 2018	IBRD-76790	Loan Repay	2,591.72
Jun 15, 2016	IBRD-76790	Loan Repay	2,497.50
Jun 15, 2016	IBRD-76790	Loan Repay	996,502.50
Jun 15, 2016	IBRD-76790	Int Charges	384.31
Jun 15, 2016	IBRD-76790	Int Charges	153,351.77
Jun 15, 2016	IBRD-76790	Loan Repay	3,308.97
Jun 15, 2016	IBRD-76790	Loan Repay	1,320,279.50
Jun 15, 2016	IBRD-76790	Int Charges	33.68
Jun 15, 2016	IBRD-76790	Int Charges	13,438.00
Jun 15, 2016	IBRD-76790	Loan Repay	2,121.09
Jun 15, 2016	IBRD-76790	Loan Repay	846,312.30
Jun 15, 2016	IBRD-76790	Int Charges	297.40
Jun 15, 2016	IBRD-76790	Int Charges	118,670.90
Oct 12, 2016	IBRD-76790	Loan Disb	-61,642.48
Oct 12, 2016	IBRD-76790	Loan Disb	61,642.48
Oct 12, 2016	IBRD-76790	Loan Disb	-24,942,488.00
Oct 6, 2016	IBRD-76790	Loan Disb	24,942,488.00
Dec 15, 2022	IBRD-76790	Int Charges	100.57
Dec 15, 2022	IBRD-76790	Int Charges	40,127.84
Dec 15, 2022	IBRD-76790	Loan Repay	2,007.80
Dec 15, 2022	IBRD-76790	Loan Repay	801,108.80
Dec 15, 2022	IBRD-76790	Loan Repay	2,374.89
Dec 15, 2022	IBRD-76790	Loan Repay	947,582.60
Dec 15, 2020	IBRD-76790	Loan Repay	1,084,486.90
Dec 15, 2020	IBRD-76790	Int Charges	9.97
Dec 15, 2020	IBRD-76790	Int Charges	3,968.58
Dec 15, 2020	IBRD-76790	Int Charges	150.44
Dec 15, 2020	IBRD-76790	Int Charges	60,023.77
Dec 15, 2020	IBRD-76790	Int Charges	167.73
Dec 15, 2015	IBRD-76790	Int Charges	78,045.60
Dec 15, 2015	IBRD-76790	Loan Repay	2,497.50
Dec 15, 2015	IBRD-76790	Loan Repay	996,502.50
Dec 15, 2015	IBRD-76790	Int Charges	54.31
Dec 15, 2015	IBRD-76790	Int Charges	21,671.03
Dec 15, 2015	IBRD-76790	Loan Repay	2,080.46
Dec 15, 2015	IBRD-76790	Loan Repay	830,100.90
Dec 15, 2015	IBRD-76790	Int Charges	406.97
Dec 15, 2015	IBRD-76790	Int Charges	162,376.60
Dec 15, 2014	IBRD-76790	Loan Repay	936,983.25
Dec 15, 2014	IBRD-76790	Int Charges	143.74
Dec 15, 2014	IBRD-76790	Int Charges	57,350.73
Dec 15, 2014	IBRD-76790	Loan Repay	2,497.50
Dec 15, 2014	IBRD-76790	Int Charges	51,159.89
Dec 15, 2014	IBRD-76790	Loan Repay	2,348.34
Jun 15, 2014	IBRD-76790	Int Charges	396.38
Jun 15, 2014	IBRD-76790	Int Charges	158,159.05
Jun 15, 2014	IBRD-76790	Loan Repay	3,951.05
Jun 15, 2014	IBRD-76790	Loan Repay	1,576,467.00
Jun 15, 2014	IBRD-76790	Int Charges	155.43
Jun 15, 2014	IBRD-76790	Int Charges	62,006.08
Jun 15, 2014	IBRD-76790	Loan Repay	2,559.05
Jun 15, 2014	IBRD-76790	Loan Repay	1,021,056.50
Jun 15, 2014	IBRD-76790	Int Charges	155.47
Jun 15, 2014	IBRD-76790	Int Charges	62,027.90
Jun 15, 2014	IBRD-76790	Loan Repay	2,497.50
Jun 15, 2014	IBRD-76790	Loan Repay	996,502.50
Dec 15, 2014	IBRD-76790	Int Charges	128.23
Dec 15, 2014	IBRD-76790	Loan Repay	996,502.50
Dec 15, 2014	IBRD-76790	Int Charges	409.26
Dec 15, 2014	IBRD-76790	Int Charges	163,288.62
Dec 15, 2014	IBRD-76790	Loan Repay	3,651.63
Dec 15, 2014	IBRD-76790	Loan Repay	1,456,999.60
Jun 15, 2015	IBRD-76790	Int Charges	155.72
Jun 15, 2015	IBRD-76790	Loan Repay	845,859.90
Jun 15, 2015	IBRD-76790	Int Charges	393.84
Jun 15, 2015	IBRD-76790	Int Charges	157,140.27
Jun 15, 2015	IBRD-76790	Loan Repay	3,612.58
Jun 15, 2015	IBRD-76790	Loan Repay	1,441,421.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Highly Satisfactory	2010-02-25
Progress towards achievement of PDO	Highly Satisfactory	2010-02-25
Monitoring and Evaluation	Satisfactory	2010-02-25

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-09-2012
Outcomes	Highly Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Highly Satisfactory
Borrower Performance	Highly Satisfactory
Government Performance	Highly Satisfactory
Implementing Agency	Highly Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 10-23-2012	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Highly Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Highly Satisfactory	N/a
Borrower Performance	Highly Satisfactory	N/a
Government Performance	Highly Satisfactory	N/a
Implementing Agency	Highly Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	High	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Reduce primary spending as % GDP. Value 21.6 19.6 20.1
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Reduce tax expenditures as % of GDP Value 3.5 3.1 <3.5
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Reduce PEFA indicator PI-2 Value 7.8 <7.8 <7.8
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Stabilize revenue as % GDP above 19.0. Value 20.1 19.3 > 19.0
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Eliminate 95% of tariff lines Value 79 87 95
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Unify regulatory regime across EPZ, non-EPZ sectors Value No Yes, exc. labor Yes
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Raise exports as % of GDP Value 60.6 62.9 >60.6
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Achieve top ten ranking in Doing Business Value 32 27 <10
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment

Increase investment in emerging sectors- Rl. est., renting and o/ business- Transp., stor. and comm.- Fin. intermed.Time tostart business (days)	Value	6181,1202,11946	6581,8082,1097	>618>1,120>2,119<3
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

SME registrations Value 0 919 >0
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
No. work and residency permits- professional Value 0 613 >0
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Raise primary completion rate Value 64.9 68 >64.9
Date June 1, 2005 June 1, 2008 June 1, 2010
Comment
Raise secondary completion rate Value 78.4 78.9 >78.4
Date June 1, 2005 June 1, 2008 June 1, 2010
Comment
Train 12,000 workers under Empowerment Programme. Value 0 821 12000
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Place 600 women in jobs Value 0 45 600
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
Complete 5 tourist villages Value 0 0 5
Date June 1, 2005 June 1, 2007 June 1, 2010
Comment
GDP growth Value 3.7 6.8 5
Date June 1, 2005 June 1, 2008 June 1, 2010
Comment
Unemployment Rate Value 9.5 7.6 <9.5
Date June 1, 2006 June 1, 2008 June 1, 2010
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Macroeconomic Stability Value Satisfactory Satisfactory Satisfactory
Date June 30, 2006 January 1, 2009 June 30, 2010
Comment

Reduce primary spending as % GDP.	Value	21.6	19.6	20.1
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Reduce tax expenditures as % of GDP	Value	3.5	3.1	<3.5
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Reduce PEFA indicator PI-2	Value	7.8	<7.8	<7.8
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Stabilize revenue as % GDP above 19.0.	Value	20.1	19.3	> 19.0
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Eliminate 95% of tariff lines	Value	79	87	95
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Unify regulatory regime across EPZ, non-EPZ sectors	Value	No	Yes, exc. labor	Yes
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Raise exports as % of GDP	Value	60.6	62.9	>60.6
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

SME registrations	Value	0	919	>0
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Raise primary completion rate	Value	64.9	68	>64.9
	Date	June 1, 2005	June 1, 2008	June 1, 2010
	Comment

Raise secondary completion rate	Value	78.4	78.9	>78.4
	Date	June 1, 2005	June 1, 2008	June 1, 2010
	Comment

Train 12,000 workers under Empowerment Programme.	Value	0	821	12000
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Place 600 women in jobs	Value	0	45	600
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

Complete 5 tourist villages	Value	0	0	5
	Date	June 1, 2005	June 1, 2007	June 1, 2010
	Comment

GDP growth	Value	3.7	6.8	5
	Date	June 1, 2005	June 1, 2008	June 1, 2010
	Comment

Unemployment Rate	Value	9.5	7.6	<9.5
	Date	June 1, 2006	June 1, 2008	June 1, 2010
	Comment

Macroeconomic Stability	Value	Satisfactory	Satisfactory	Satisfactory
	Date	June 30, 2006	January 1, 2009	June 30, 2010
	Comment