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West Bank and Gaza: Fiscal Stability and Business Environment DPG

Abstract*

The development objective of the Fiscal Stability and Business Environment Development Policy Grant (DPG) Project for West Bank and Gaza is around two pillars: (i) improve transparency of fiscal transfers to local service providers; and (ii) improve the business environment. The operation is aligned with the maximizing finance for development (MFD) and cascade approach to mobilizing private finance for development, which is fully reflected in the...

* 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

Project Development Objective The operation will support the PA's efforts to improve its fiscal resilience, build public institutions, and improve the business climate. Board Schedule Comments

Key Details

Project Details

  • P161252

  • Closed

  • Nour Nasser Eddin

  • Ministry of Finance

  • West Bank and Gaza

  • August 24, 2017

  • (as of board presentation)

    December 5, 2017

  • December 12, 2017

  • US$ 30.00 million

  • N/A

  • August 16, 2023

  • April 30, 2019

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Special Financing 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 30.00
Total Project Cost** 30.00

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

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2018-05-02
Monitoring and Evaluation Satisfactory 2018-05-02
Overall Implementation Progress (IP) Satisfactory 2018-05-02
Program Management Satisfactory 2018-05-02

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 04-30-2020
OutcomesModerately Satisfactory
Risk to Development OutcomeHigh
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceNot Applicable
Implementing AgencyNot Applicable

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-10-2020PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeHighN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Share of electricity purchased from the IEC through the PETLValue86 percent2017 data will be available in mid-2018.100 percent
    DateJune 30, 2016April 5, 2018December 31, 2019
    Comment
  • Accumulated debts of 5 LGUs for bulk water purchased to the WBWDValueUS$ 275 millionThe total amount of debts accumulated by five LGUsLower than the baseline
    DateJuly 31, 2017April 5, 2018December 31, 2019
    Comment
  • The average annual growth of total health referrals cost.Value14.5 percent (for the period 2014-2016)No actual total health referral cost for 2017 is aFor the period 2017-2019, lower than the baseline
    DateJune 30, 2017April 5, 2018December 31, 2019
    Comment
  • Annual reports published online that specify: (i) the amount of Ministry of Local Government’s capital budget allocated by the Ministry of Local Government per LGU; (ii) the amount of revenue deductioValueNo reports publishedThe MoLG has already shared the data required for Annual information (2018 onwards for the intercept
    DateSeptember 30, 2017April 5, 2018September 30, 2019
    Comment
  • Number of registration notices filed in the collatoral registryValueZeroNumber of registration filled (February 2018) = 28At least 300
    DateJune 30, 2016April 5, 2018June 30, 2019
    Comment
  • Number of firms formally incorporatedValue1,783Once the Companies Law is adopted and implemented,At least 15 percent increase
    DateJune 30, 2016April 5, 2018June 30, 2019
    Comment
  • Number of days on average to issue a business licenseValue36 daysOnce the Companies Law is adopted and implemented,15 days
    DateJune 30, 2016April 5, 2018June 30, 2019
    Comment
  • Fee to license an activityValueRanging from JD 24 to 144Once the Business License decree is adopted and imFlat fee of JD 25
    DateJune 30, 2016April 5, 2018June 30, 2019
    Comment