Governance for Private Sector and Finance Development Additional Fin.

Development Objective

To improve the efficiency of business regulation and establish an automated National Payment System.

Key Details

Project Details

Project ID
P158952
Status
Closed
Team Leader
Amadou Dem , Roya Vakil
Borrower 2
N/A

Country
Djibouti
Disclosure Date
October 26, 2016
Approval Date
(as of board presentation)
December 14, 2016
Effective Date
N/A

Total Project Cost 1
US$ 5.10 million
Implementing Agency
N/A
Region
Middle East and North Africa
Fiscal Year 3
2017

Commitment Amount
US$ 5.10 million
Environmental Category
C
Last Update Date
August 14, 2020
Closing Date
June 30, 2021

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Parent Projects
P146250

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 - Finance

FY17 - Financial Infrastructure and Access41%
- FY17 - Payment & markets infrastructure41%

FY17 - Private Sector Development

FY17 - Business Enabling Environment49%
- FY17 - Investment and Business Climate49%
FY17 - ICT28%
- FY17 - ICT Solutions28%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	5.10

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	5.10
IBRD + IDA Commitment	5.10

Lending Instrument
Grant Amount	N/A
Total Project Cost**	5.10

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

No data available.

Detailed Financial Activity as of March 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Reduction of time to create a business Value 17.00 14.00 3.00
Date January 15, 2014 May 5, 2016 July 30, 2020
Comment
Reduction in time to register a property Value 39.00 39.00 10.00
Date January 15, 2014 May 5, 2016 June 30, 2020
Comment
Decrease in the average number of days to settle a commerical dispute Value 400.00 400.00 180.00
Date January 15, 2014 May 5, 2016 June 30, 2020
Comment
Direct project beneficiaries Value 0.00 0.00 1200.00
Date January 15, 2014 May 5, 2016 June 30, 2020
Comment
Female beneficiaries Value 20.00 20.00 20.00
Date January 15, 2014 May 5, 2016 June 30, 2020
Comment
Avg. no of days to register a property Value 39.00 25.00 10.00
Date January 15, 2014 September 29, 2016 December 31, 2020
Comment
Avg. no of days to create a business Value 17.00 14.00 3.00
Date January 15, 2014 October 15, 2016 December 31, 2020
Comment
Financial institutions connected to the Automated Transfer System (ATS) Value 0.00 0.00 8.00
Date September 28, 2016 September 28, 2016 December 31, 2020
Comment
Transactions processed through the Automated Transfer System (ATS) Value 0.00 0.00 10.00
Date September 1, 2016 October 20, 2016 December 31, 2020
Comment Percentage of GDP

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of enterprises registered per year of which 20% are led by women Value 150.00 150.00 1200.00
Date January 15, 2014 June 30, 2020 June 30, 2020
Comment
Commerical Chamber Decisions Published on the Website Value 0.00 10.00 95.00
Date January 15, 2014 September 28, 2016 December 31, 2020
Comment
Property titles computerized Value 0.00 25.00 80.00
Date January 15, 2014 September 28, 2016 December 31, 2020
Comment
Percentage of magistrates trained Value 0.00 0.00 50.00
Date January 15, 2014 May 5, 2016 June 30, 2020
Comment
Number of enterprises registered per year led by women Value 0.00 0.00 20.00
Date January 15, 2014 May 5, 2016 June 30, 2020
Comment
Enterprises registered per year Value 150.00 150.00 700.00
Date January 15, 2014 September 28, 2016 December 31, 2020
Comment
Average settlement time for credit transfers Value 0.00 0.00 0.50
Date September 28, 2016 September 28, 2016 December 31, 2020
Comment
Establishment of primary data center for the national payment system Value No No Yes
Date September 28, 2016 September 28, 2016 December 31, 2020
Comment
Of which led by women Value 30.00 30.00 140.00
Date January 15, 2014 September 28, 2016 December 31, 2020
Comment
Users satisfied with the functioning of the One Stop Shop Value 0.00 0.00 60.00
Date September 28, 2016 October 20, 2016 December 31, 2020
Comment
Magistrates trained Value 10.00 10.00 50.00
Date January 15, 2014 September 29, 2016 December 31, 2020
Comment
Average settlement time for cheques Value 0.00 0.00 2.00
Date September 28, 2016 September 28, 2016 December 31, 2020
Comment

Reduction of time to create a business	Value	17.00	14.00	3.00
	Date	January 15, 2014	May 5, 2016	July 30, 2020
	Comment

Reduction in time to register a property	Value	39.00	39.00	10.00
	Date	January 15, 2014	May 5, 2016	June 30, 2020
	Comment

Decrease in the average number of days to settle a commerical dispute	Value	400.00	400.00	180.00
	Date	January 15, 2014	May 5, 2016	June 30, 2020
	Comment

Direct project beneficiaries	Value	0.00	0.00	1200.00
	Date	January 15, 2014	May 5, 2016	June 30, 2020
	Comment

Female beneficiaries	Value	20.00	20.00	20.00
	Date	January 15, 2014	May 5, 2016	June 30, 2020
	Comment

Avg. no of days to register a property	Value	39.00	25.00	10.00
	Date	January 15, 2014	September 29, 2016	December 31, 2020
	Comment

Avg. no of days to create a business	Value	17.00	14.00	3.00
	Date	January 15, 2014	October 15, 2016	December 31, 2020
	Comment

Number of enterprises registered per year of which 20% are led by women	Value	150.00	150.00	1200.00
	Date	January 15, 2014	June 30, 2020	June 30, 2020
	Comment

Property titles computerized	Value	0.00	25.00	80.00
	Date	January 15, 2014	September 28, 2016	December 31, 2020
	Comment

Percentage of magistrates trained	Value	0.00	0.00	50.00
	Date	January 15, 2014	May 5, 2016	June 30, 2020
	Comment

Enterprises registered per year	Value	150.00	150.00	700.00
	Date	January 15, 2014	September 28, 2016	December 31, 2020
	Comment

Of which led by women	Value	30.00	30.00	140.00
	Date	January 15, 2014	September 28, 2016	December 31, 2020
	Comment

Magistrates trained	Value	10.00	10.00	50.00
	Date	January 15, 2014	September 29, 2016	December 31, 2020
	Comment

Average settlement time for cheques	Value	0.00	0.00	2.00
	Date	September 28, 2016	September 28, 2016	December 31, 2020
	Comment

Governance for Private Sector and Finance Development Additional Fin.

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS