Jordan First Programmatic DPL

Abstract*

The objective of the First Programmatic Development Policy Loan (DPL) Program for Jordan is to support key elements of Jordan's Executive Development Program, the country's medium-term development plan (2011-2013). The operation in the amount of US$250 million, which is the first in a programmatic series of two DPLs, aims to help enhance Jordan's capacity and performance in the area of governance, fiscal management, public sector efficiency and private... Show More

Development Objective

FROM PROGRAM DOCUMENT - The overall objective of the proposed operation is to help enhance Jordan's capacity and performance in thearea of governance, fiscal management, public sector efficiency and private sector-led growth. It is structured around four pillars: (i) enhancing transparency and accountability; (ii) improving the budget and debt management; (iii) improving public sector efficiency and services; and (iv) supporting private sector growth. These are key areas of reform in Jordan’s Executive Development Plan (EDP) for 2011-2013, around which the CPS is developed.

Key Details

Project Details

Project ID
P124441
Status
Closed
Team Leader
Eric Le Borgne
Borrower 2
Ministry of Finance

Country
Jordan
Disclosure Date
February 18, 2011
Approval Date
(as of board presentation)
January 24, 2012
Effective Date
February 2, 2012

Total Project Cost 1
US$ 250.00 million
Implementing Agency
Ministry of Planning and International Cooperation
Region
Middle East, North Africa, Afghanistan, and Pakistan
Fiscal Year 3
2012

Commitment Amount
US$ 250.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2013

Last Stage Reached
BANK APPROVED
Last Update Date
May 1, 2024

Associated Projects
P125483

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 Policy7%
- FY17 - Fiscal sustainability7%

FY17 - Finance

FY17 - Financial Infrastructure and Access7%
- FY17 - MSME Finance7%

FY17 - Human Development and Gender

FY17 - Health Systems and Policies14%
- FY17 - Health System Strengthening14%

FY17 - Private Sector Development

FY17 - Business Enabling Environment15%
- FY17 - Regulation and Competition Policy15%
FY17 - Enterprise Development7%
- FY17 - MSME Development7%
FY17 - Jobs100%
FY17 - Public Private Partnerships10%

FY17 - Public Sector Management

FY17 - Public Administration43%
- FY17 - Transparency, Accountability and Good Governance43%
FY17 - Public Finance Management7%
- FY17 - Debt Management7%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	250.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	250.00
IDA Commitment	N/A
IBRD + IDA Commitment	250.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	250.00

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 15, 2014	IBRD-81270	Int Charges	881,666.70
Jan 24, 2012	IBRD-81270	Loan Commitment	250,000,000.00
May 15, 2014	IBRD-81270	Int Charges	917,569.44
May 15, 2015	IBRD-81270	Int Charges	917,569.44
Nov 15, 2015	IBRD-81270	Int Charges	1,073,333.40
May 15, 2016	IBRD-81270	Int Charges	1,327,083.40
Nov 15, 2016	IBRD-81270	Int Charges	1,763,333.40
May 15, 2017	IBRD-81270	Int Charges	2,224,791.80
May 15, 2017	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2017	IBRD-81270	Int Charges	2,458,103.20
Nov 15, 2017	IBRD-81270	Loan Repay	8,325,000.00
May 15, 2018	IBRD-81270	Int Charges	2,557,645.80
May 15, 2018	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2018	IBRD-81270	Int Charges	3,553,894.80
Nov 15, 2018	IBRD-81270	Loan Repay	8,325,000.00
May 15, 2019	IBRD-81270	Int Charges	3,758,842.00
May 15, 2019	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2019	IBRD-81270	Int Charges	3,397,438.50
Nov 15, 2019	IBRD-81270	Loan Repay	8,325,000.00
May 15, 2020	IBRD-81270	Int Charges	2,538,523.50
May 15, 2020	IBRD-81270	Loan Repay	8,325,000.00
May 15, 2021	IBRD-81270	Int Charges	783,780.25
May 15, 2021	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2020	IBRD-81270	Int Charges	1,244,508.20
Nov 15, 2020	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2021	IBRD-81270	Int Charges	733,758.75
Nov 15, 2021	IBRD-81270	Loan Repay	8,325,000.00
May 15, 2022	IBRD-81270	Int Charges	721,008.50
May 15, 2022	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2022	IBRD-81270	Int Charges	2,442,567.00
Nov 15, 2022	IBRD-81270	Loan Repay	8,325,000.00
May 15, 2023	IBRD-81270	Int Charges	222,196.02
May 15, 2023	IBRD-81270	Int Charges	3,805,001.50
May 15, 2023	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2023	IBRD-81270	Int Charges	89,923.32
Nov 15, 2023	IBRD-81270	Int Charges	4,332,282.00
Nov 15, 2023	IBRD-81270	Loan Repay	8,325,000.00
May 15, 2024	IBRD-81270	Int Charges	4,311,917.50
May 15, 2024	IBRD-81270	Int Charges	27,955.13
May 15, 2024	IBRD-81270	Loan Repay	8,325,000.00
Nov 15, 2013	IBRD-81270	Int Charges	1,009,444.44

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Unsatisfactory	2013-03-19
Program Management	Satisfactory	2013-03-19
Monitoring and Evaluation	Satisfactory	2013-03-19
Overall Implementation Progress (IP)	Moderately Unsatisfactory	2013-03-19

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 05-01-2017
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Substantial
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 02-21-2018	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	High	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Not Rated	N/a
Icr Quality	High	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Safeguard public resources - Policy Area 1. Improve Transparency and Accountability	Value	2009 GIC score for Supreme Audit Institution Effec	2011 GIC score: 66 out of 100	2013: GIC score of 75 of 100
	Date	December 31, 2009	December 20, 2012	March 31, 2014
	Comment	The GIC score for 2009 was published in 2010. There is no score for 2010.The original PEFA indicator was substituted with thecurrent one as PEFA updates are not planned for the duration of the DPL.	The GIC score for 2011 is the latest available. It was published in 2012.	The 2013 GIC score is expected to be published in 2014.

Strengthen transparency - Policy Area 1. Improve Transparency and Accountability	Value	2009 Global Integrity Country Score: 55 of 100	2011 GIC score: 57 of 100	2013: Global Integrity Country Score : 60 of 100
	Date	December 31, 2009	December 20, 2012	March 31, 2014
	Comment	The GIC score for 2009 was published in 2010. There is no GIC score for 2010.	The GIC score for 2011 is the latest available. It was published in 2012.	The 2013 GIC score is expected to be published in 2014.

Increase fiscal space and reduce fiscal risks (1) - Policy Area 2. Improve Budget and Debt Management	Value	2011: governed by streamlined procedures	MoF intends to establish a PPP unit inside MoF so	Effective application of the new PPP Law provision
	Date	December 31, 2011	December 20, 2012	March 31, 2014
	Comment		PPP law has not been approved by Parliament.	A fully functioning PPP unit will enable effective application of the new PPP law and ensure fiscal space is increased whilefiscalrisks are reduced

Reduce the high cost of the health bill - Policy Area 3. Enhance the Efficiency of Government Spending and Services	Value	2010: JD 65.4 million (0.35 percent of GDP)	2011: JD 59.7 million (0.29 percent of GDP)2012:	2013: -10% of baseline figure
	Date	December 31, 2011	January 1, 2013	December 31, 2013
	Comment

Reduce the costs associated with effectively starting a business - Policy Area 4. Promote Private Sector-driven Growth Value 2010: 63 days N.A. 2013: 20 days
Date December 20, 2012 December 31, 2013
Comment

Increase fiscal space and reduce fiscal risks (2) - Policy Area 2. Improve Budget and Debt Management	Value	2011: Little use of new debt tools.	No further use of new debt tools.	2013: Innovative debt tools (e.g., Sukuk) that imp
	Date	December 31, 2011	December 20, 2012	March 31, 2014
	Comment	A first ever Eurobond (5 year duration) was issued by Jordan in December 2010

Improve the efficiency of the public sector by streamlining independent public institutions - Policy Area 3. Enhance the Efficiencyof Government Spending and Services	Value	2011: The structure is inconsistent which leads to	No new organization structure in place.	2013: Selected priority institutions have been s
	Date	December 31, 2011	December 20, 2012	December 31, 2013
	Comment

Improve SME’s access to financial services, at lower risk and cost - Policy Area 4. Promote Private Sector-driven Growth	Value	None	None	1 Credit Bureau created
	Date	December 31, 2011	December 20, 2012	March 31, 2014
	Comment		A Steering Committee was created to establish a credit bureau in partnership with international provider. The SC solicited RFP,completed the short-list of potential providers and is due to select the winner. Negotiation phase, company registration andlicensing follow. To build CBJ’s capacity to supervise credit bureau industry and issue licenses, IFC and CBJ signed cooperationagreement inNovember 2012.

Reduce restrictions to private investment - Policy Area 4. Promote Private Sector-driven Growth	Value	2011: 30.3 percent	N.A.	35 percent
	Date	December 31, 2011	December 20, 2012	December 31, 2013
	Comment	The previous indicator (increase in the share of investment to GDP) has been replaced by the current indicator as it is moredirectly linked to the prior action	Data are not yet available for 2012

Reduce the costs associated with effectively starting a business - Policy Area 4. Promote Private Sector-driven Growth	Value	2010: 63 days	N.A.	2013: 20 days
	Date		December 20, 2012	December 31, 2013
	Comment