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Jamaica Strategic Public Sector Transformation

Abstract*

The objective of the Strategic Public Sector Transformation Project for Jamaica is to strengthen public resource management and support selected public sector institutions in facilitating a more enabling environment for private sector growth. There are five components to the project, the first component being strengthening the Public Investment Management System (PIMS). The Government of Jamaica (GOJ) is committed to improving the existing public...

* 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

The Project Development Objective (PDO) is to strengthen public resource management and support selected public sector institutions in facilitating a more enabling environment for private sector growth.

Key Details

Project Details

  • P146688

  • Closed

  • C. Myers

  • Government of Jamaica

  • Jamaica

  • December 24, 2013

  • (as of board presentation)

    July 7, 2014

  • October 27, 2014

  • US$ 37.64 million

  • Ministry of Finance and the Public Service

  • Latin America and Caribbean

  • 2015

  • US$ 35.00 million

  • N/A

  • Not Applicable

  • December 31, 2021

  • Yes

  • BANK APPROVED

  • September 12, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 35.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 35.00
IDA Commitment N/A
IBRD + IDA Commitment 35.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 37.64

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

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No data available.
Period Financier Transaction Type Amount (US$)
Aug 1, 2016 IBRD-84060 Int Charges 16,957.04
Aug 1, 2024 IBRD-84060 Loan Repay 742,925.80
Aug 1, 2024 IBRD-84060 Int Charges 6,161.19
Aug 1, 2024 IBRD-84060 Int Charges 1,002,256.56
Feb 1, 2024 IBRD-84060 Int Charges 1,038,972.25
Feb 1, 2024 IBRD-84060 Loan Repay 742,925.80
Jul 7, 2014 IBRD-84060 Loan Commitment 35,000,000.00
Aug 1, 2022 IBRD-84060 Int Charges 254,284.84
Aug 1, 2022 IBRD-84060 Loan Repay 742,925.80
Feb 1, 2022 IBRD-84060 Int Charges 3,358.50
Feb 1, 2022 IBRD-84060 Int Charges 198,490.92
Feb 1, 2022 IBRD-84060 Loan Repay 742,925.80
Feb 1, 2023 IBRD-84060 Int Charges 701,566.40
Feb 1, 2023 IBRD-84060 Loan Repay 742,925.80
Aug 1, 2023 IBRD-84060 Loan Repay 742,925.80
Aug 1, 2023 IBRD-84060 Int Charges 942,301.10
Sep 29, 2021 IBRD-84060 Loan Disb 1,217,504.40
Aug 1, 2021 IBRD-84060 Int Charges 189,926.12
Aug 1, 2021 IBRD-84060 Loan Repay 672,914.44
Aug 1, 2021 IBRD-84060 Int Charges 355.72
Dec 28, 2020 IBRD-84060 Loan Disb 269,040.00
Feb 1, 2021 IBRD-84060 Int Charges 4,300.86
Feb 1, 2021 IBRD-84060 Int Charges 193,787.72
Feb 1, 2021 IBRD-84060 Loan Repay 604,807.10
Jun 11, 2021 IBRD-84060 Loan Disb 1,866,696.80
Mar 31, 2021 IBRD-84060 Loan Disb 143,025.20
Mar 31, 2021 IBRD-84060 Loan Disb 370,000.00
Apr 7, 2021 IBRD-84060 Loan Disb 1,054,091.80
Apr 17, 2020 IBRD-84060 Loan Disb 1,331,948.50
Feb 14, 2020 IBRD-84060 Loan Disb 3,000,000.00
Aug 1, 2020 IBRD-84060 Loan Repay 541,877.10
Jul 13, 2020 IBRD-84060 Loan Disb 2,900,000.00
Feb 9, 2021 IBRD-84060 Loan Disb 1,231,740.00
Aug 1, 2020 IBRD-84060 Int Charges 348,344.88
Oct 4, 2019 IBRD-84060 Loan Disb 3,000,000.00
Aug 1, 2019 IBRD-84060 Int Charges 13,701.40
Aug 1, 2019 IBRD-84060 Int Charges 316,328.90
Mar 11, 2020 IBRD-84060 Loan Disb 1,070,000.00
Feb 1, 2020 IBRD-84060 Int Charges 322,960.97
Feb 1, 2020 IBRD-84060 Loan Repay 427,355.84
Feb 20, 2019 IBRD-84060 Loan Disb 1,060,000.00
Apr 25, 2019 IBRD-84060 Loan Disb 2,475,418.20
Feb 1, 2018 IBRD-84060 Int Charges 91,208.80
Jul 24, 2018 IBRD-84060 Loan Disb 2,000,000.00
Aug 1, 2018 IBRD-84060 Int Charges 135,826.84
Dec 18, 2018 IBRD-84060 Loan Disb 661,762.75
Dec 18, 2018 IBRD-84060 Loan Disb 2,400,000.00
Feb 1, 2019 IBRD-84060 Int Charges 1,342.22
Feb 1, 2019 IBRD-84060 Int Charges 200,338.20
Mar 31, 2017 IBRD-84060 Loan Disb 714,950.60
Oct 16, 2017 IBRD-84060 Loan Disb 3,000,000.00
Aug 1, 2017 IBRD-84060 Int Charges 62,034.79
Feb 2, 2018 IBRD-84060 Loan Disb 600,000.00
Oct 27, 2014 IBRD-84060 Loan Disb 87,500.00
Oct 27, 2014 IBRD-84060 Fee Charges 87,500.00
Feb 1, 2015 IBRD-84060 Int Charges 325.36
Feb 3, 2015 IBRD-84060 Loan Disb 162,500.00
Aug 1, 2015 IBRD-84060 Int Charges 2,876.56
May 26, 2015 IBRD-84060 Loan Disb 14,741.60
May 28, 2015 IBRD-84060 Loan Disb 423,565.78
Feb 1, 2016 IBRD-84060 Int Charges 9,650.14
Sep 30, 2015 IBRD-84060 Loan Disb 809,785.30
May 11, 2016 IBRD-84060 Loan Disb 552,335.60
Feb 1, 2017 IBRD-84060 Int Charges 49,455.15
Aug 9, 2016 IBRD-84060 Loan Disb 2,583,393.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2021-12-17
Overall Implementation Progress (IP) Satisfactory 2021-12-17
Procurement Satisfactory 2021-12-17
Project Management Satisfactory 2021-12-17
Financial Management Satisfactory 2021-12-17
Progress towards achievement of PDO Moderately Satisfactory 2021-12-17

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2022
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of MDAs that prepare their budgets according to the updated program definitionsValue0.00100.000.00
    DateSeptember 1, 2014December 31, 2021
    Comment
  • Percentage increase in quality related services provided directly to public and private sectorValue82.00723.00170.00
    DateAugust 10, 2017October 25, 2021December 31, 2021
    Comment
  • Improved investment project monitoringValueThe total cost and physical progress of major inve(a) There is a high level of compliance with stand(a) There is a high level of compliance with stand
    DateJune 28, 2019October 25, 2021December 31, 2021
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • The Public Sector Investment Program (PSIP) incorporates Capital A and B public investment projects with estimated five-year operating and maintenance costs, linked to long term development goalsValuePSIP does not include information on projects' est100% of projects in PSIP incorporate public invest
    DateSeptember 1, 2014December 31, 2021
    Comment
  • Annual Budgets submitted and approved before the fiscal year startsValueNoYesYes
    DateSeptember 1, 2014October 25, 2021December 31, 2021
    Comment
  • Change Management Action Plans for ComponentsValue0.007.006.00
    DateSeptember 1, 2014October 25, 2021December 31, 2021
    Comment
  • Decrease in National Compliance and Regulatory Agency (NCRA) inspections at the ports of entry (types of inspections)Value100.0033.0070.00
    DateJuly 24, 2015October 25, 2021December 31, 2021
    Comment
  • Increased number of financial and accounting reports produced by the Accountant General’s Department (AGD)Value5 reports out of 18 are produced15 reports out of 18 are produced (cumulative) (8315 out of 18 additional financial and accounting r
    DateMay 15, 2017October 25, 2021December 31, 2021
    Comment
  • The updated and centralized public investment database covers all Capital A and Capital BValueNoYesYes
    DateSeptember 1, 2014October 25, 2021December 31, 2021
    Comment
  • A citizen’s budget is preparedValueNoYesYes
    DateSeptember 1, 2014October 25, 2021December 31, 2021
    Comment
  • Reduction in unaudited annual financial statements of the public sector entitiesValue163.0019.0033.00
    DateJune 28, 2019October 25, 2021December 31, 2021
    Comment
  • Improved cash forecasting model developed for detailed revenue and expenditure items covered by the TSA to generate daily cash forecast and balancesValueNo model used to generate monthly cash forecast anExcel-based model developed and being used to geneModel used to generate daily cash forecast and bal
    DateMay 15, 2017October 25, 2021December 31, 2021
    Comment
  • Roll-out of the PIMIS to Ministries, Departments and AgenciesValue0.000.0060.00
    DateJune 28, 2019October 25, 2021December 31, 2021
    Comment
  • MDA budgets submitted to the MoFPS set out objectives, policies, strategic outcomes and performance targets of each Ministerial department in line with the respective business planValue0.00100.0095.00
    DateSeptember 1, 2014October 25, 2021December 31, 2021
    Comment
  • Number of public bodies rationalized through mergers, closures, divestment and re-integration into parent MinistriesValue23.0044.0058.00
    DateJune 28, 2019October 25, 2021December 31, 2021
    Comment