LS- First Growth and Competitiveness DPG

Abstract*

The objective of the First Growth and Competitiveness Development Policy Grant Project for Lesotho is to assist the Government in implementing a reform program aimed at promoting growth, competitiveness and public sector efficiency. The DPO supports progress towards the Country Assistance Strategy objectives of fiscal adjustment and public sector efficiency and enhanced competitiveness and diversification. This development policy grant is designed... Show More

Development Objective

The operation’s development objective is to assist the Government in implementing a reform program aimed at promoting growth and competitiveness. Specifically, the operation supports three areas central to the reform program: (i) improving private sector competitiveness, focused on implementing key investment climate reforms; (ii) improving the sustainability, stability and efficiency of public spending, focused on fiscal consolidation, revenue stabilization, strengthening public financial management systems and the public procurement system; and (iii) improving the monitoring and citizen empowerment through better access to service delivery and social transfers.

Key Details

Project Details

Project ID
P128573
Status
Closed
Team Leader
Asli Senkal , Christian Gonzalez Amador
Borrower 2
N/A

Country
Lesotho
Disclosure Date
June 3, 2013
Approval Date
(as of board presentation)
June 3, 2013
Effective Date
July 17, 2013

Total Project Cost 1
US$ 20.00 million
Implementing Agency
Ministry of Finance and Development Planning
Region
Eastern and Southern Africa
Fiscal Year 3
2013

Commitment Amount
US$ 20.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2014

Last Stage Reached
BANK APPROVED
Last Update Date
August 22, 2023

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 - Private Sector Development

FY17 - Business Enabling Environment20%
- FY17 - Regulation and Competition Policy20%
FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Data Development and Capacity Building20%
- FY17 - Data production, accessibility and use20%
FY17 - Public Administration20%
- FY17 - Transparency, Accountability and Good Governance20%
FY17 - Public Finance Management20%
- FY17 - Public Expenditure Management20%

FY17 - Social Development and Protection

FY17 - Social Protection20%
- FY17 - Social protection delivery systems20%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	20.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	20.00
IBRD + IDA Commitment	20.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	20.00

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$)
Sep 27, 2013	IDA-H8500	Loan Disb	20,537,242.00
Jun 3, 2013	IDA-H8500	Loan Commitment	20,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Monitoring and Evaluation	Moderately Satisfactory	2014-05-03
Program Management	Moderately Satisfactory	2014-05-03
Progress towards achievement of PDO	Moderately Unsatisfactory	2014-05-03
Overall Implementation Progress (IP)	Moderately Unsatisfactory	2014-05-03

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-19-2016
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	High
Bank Performance	Moderately Unsatisfactory
Borrower Performance	Moderately Unsatisfactory
Government Performance	Not Applicable
Implementing Agency	Not Applicable

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-21-2017	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome	High	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Unsatisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Not Rated	N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percentage of the population issued with national ID card	Value	0.00	5.00	100.00
	Date	December 31, 2012	April 1, 2014	December 31, 2015
	Comment		Long delay in launching the system. Not all the national ID registry centers were deployed at the same time.	Unlikely that the indicator will be met by that date.

Number of days to register a firm Value 40.00 29.00 7.00
Date December 31, 2012 April 1, 2014 December 31, 2015
Comment
Number of household in NISSA reached through the Child's Grant Program Value 6920.00 19500.00 25000.00
Date December 31, 2012 April 1, 2014 December 31, 2015
Comment

Number of days required to obtain manufacturing and trading licenses	Value	5.00	5.00	3.00
	Date	December 31, 2012	April 1, 2014	December 31, 2015
	Comment		Industrial Licensing Bill has not yet been approved by Parliament.

Number of months delay in publishing the audit reports on national accounts Value 18.00 6.00 0.00
Date December 31, 2012 April 1, 2014 December 31, 2015
Comment

Number of days to register a firm	Value	40.00	29.00	7.00
	Date	December 31, 2012	April 1, 2014	December 31, 2015
	Comment

Number of household in NISSA reached through the Child's Grant Program	Value	6920.00	19500.00	25000.00
	Date	December 31, 2012	April 1, 2014	December 31, 2015
	Comment

Number of months delay in publishing the audit reports on national accounts	Value	18.00	6.00	0.00
	Date	December 31, 2012	April 1, 2014	December 31, 2015
	Comment